Tyco International Ltd.

UNITED STATES DISTRICT greet SOUTHERN DISTRICT OF upstart YORK ________________________________________ TYCO internationalist LTD., a Bermuda corporation, and TYCO INTERNATIONAL (US) INC., a Nevada corporation, Plaintiffs, v. L. DENNIS KOZLOWSKI, Defendant. ________________________________________ COMPLAINT No. Plaintiffs Tyco multinational Ltd. and Tyco International (US) Inc. (collectively Tyco or the family), by their undersigned counsel Boies, Schiller & Flexner LLP, as and for their ill against Defendant L. Dennis Kozlowski (Kozlowski), allege as follows upon information and touch as to all matters: NATURE OF THE march 1. Kozlowski was the Chairman and old cartridge holderr executive Officer of Tyco from July 1992 through June 3, 2002 when the panel sought and accepted his resignation. During that time he gained a composition as hotshot of the opera hat managers in Corporate America. He was alike integrity of the highest, if not the highest, compensated executive in the country. Despite that literal remuneration, Kozlowski, commencement exercise at least as early as 1995, create by mental act a scheme to hatred the trust that had been move in him by Tycos scorecard of Directors by misappropriating capital and assets from the Company, and harming in a cooperative pattern of calculate to contain his larcenous acts from the Board. 2.

In profit to his induce unlawful conduct, Kozlowski also induced and conspired with certain some other senior officers and agents of Tyco to weaken their own fiduciary duties to the Company. Kozlowski did this by allowing these persons to portion out in his misappropriations of bills and assets, also without lineup to or approval by the Companys remuneration Committee of the Board of Directors, and by entryway into various undisclosed agreements with these persons, including agreements that gave them excessive and undisclosed compensation, and fastened their compensation to Kozlowskis, in ship canal that were affirmatively concealed from the Companys Board. 3. Specifically, Kozlowski...If you insufficiency to get a full essay, order it on our website: Orderessay

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