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Wednesday, May 13, 2026

Tyco Jury Deliberations Begin

Jurors began deliberations on Thursday on whether two former top executives at Tyco International Ltd. “systemically looted” $150 million from the company’s coffers over four years.

Former Chief Executive Dennis Kozlowski, 58, and Mark Swartz, 44, the conglomerate’s former finance chief, are on trial for the second time in New York State Supreme Court on charges including grand larceny, securities fraud, falsifying business records and conspiracy, Reuters reported.

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read the full Reuters article.

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