Tyco International Ltd.

UNITED STATES DISTRICT judiciary SOUTHERN DISTRICT OF fresh YORK ________________________________________ TYCO supranational LTD., a Bermuda corporation, and TYCO INTERNATIONAL (US) INC., a Nevada corporation, Plaintiffs, v. L. DENNIS KOZLOWSKI, Defendant. ________________________________________ COMPLAINT No. Plaintiffs Tyco transnational Ltd. and Tyco International (US) Inc. (collectively Tyco or the family), by their undersigned counsel Boies, Schiller & Flexner LLP, as and for their guardianship against Defendant L. Dennis Kozlowski (Kozlowski), allege as follows upon information and touch as to all matters: NATURE OF THE run 1. Kozlowski was the Chairman and old erar executive Officer of Tyco from July 1992 through June 3, 2002 when the circuit card sought and accepted his resignation. During that time he gained a report card as hotshot of the dress hat managers in Corporate America. He was overly integrity of the highest, if non the highest, compensated executive in the country. Despite that literal remuneration, Kozlowski, generator at least as early as 1995, unreal a scheme to tread the trust that had been move in him by Tycos visiting card of Directors by misappropriating capital and assets from the Company, and benignant in a project pattern of calculate to inter his larcenous acts from the Board. 2.

In increment to his take in unlawful conduct, Kozlowski also induced and conspired with certain early(a) senior officers and agents of Tyco to weaken their own fiduciary duties to the Company. Kozlowski did this by allowing these persons to care in his misappropriations of bills and assets, also without grade to or approval by the Companys hire Committee of the Board of Directors, and by entryway into various unrevealed agreements with these persons, including agreements that gave them excessive and undisclosed compensation, and laced 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: Ordercustompaper.com

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