Jury to Review Tyco Ex-CFO’s Testimony
From Associated Press
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.