Jury to Review Tyco Ex-CFO’s Testimony
Jurors in the trial of two former Tyco International Ltd. executives accused of looting the company of $600 million asked the judge permission to review the former chief financial officer’s testimony about bonuses and documents on the payouts.
Those bonuses, paid to ex-Tyco CFO Mark Swartz and former Chief Executive L. Dennis Kozlowski, total $84 million.
Swartz and Kozlowski are accused in their grand larceny trial of taking unauthorized bonuses and abusing company loan programs.
The judge said it would take time to gather the read-back materials, and he sent the jurors home. Deliberations were to resume today.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
