Member access

4-Traders Homepage  >  Shares  >  Nyse  >  Tyco International Ltd.    TYC   CH0100383485

SummaryChart AnalysisNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll news 

Tyco International Ltd. : Imprisoned Ex-Tyco CFO Mark Swartz Sues Co For $60 Million, Claims Breach Of Contract -Reuters

05/07/2012 | 04:24pm US/Eastern

Mark Swartz, a former Tyco International Ltd. (TYC) chief financial officer serving a prison sentence for grand larceny and securities fraud, sued the company for $60 million claiming breach of contract, Reuters reported Monday.

His claims include about $48 million for an executive retirement agreement and $9 million in reimbursement for New York taxes, the report said.

The lawsuit claims Tyco approved a contract with him "with actual knowledge that he was shortly to be indicted," Reuters reported.

A Tyco spokeswoman didn't immediately return requests for comment, the report said.

Full story at

-Dow Jones Newswires; 212-416-2900

React to this article
3d ago TYCO : Enhances Technology and Internet of Things Capabilities with Appointment ..
7d ago TYCO : Completes Move of Global Headquarters to Ireland
11/13 TYCO : Reports Fourth Quarter 2014 Earnings From Continuing Operations Before Sp..
11/09DJMARKET SNAPSHOT : Retail Earnings To Test Those Consumer Sentiment Highs
10/27 TYCO : Agreements, On-Air Competitions, Upcoming Earnings, and Technical Updates..
10/14DJTYCO : Files 8K - Other Events
10/10 TYCO : to Report Fourth Quarter Earnings November 13, 2014
10/07 TYCO : Launches 'Tyco : Cares' Global Corporate Social Responsibility Initiative..
10/06 TYCO : to Host Investor Day on November 21, 2014
09/30 TYCO : Integrated Security : Launches Entry Into Small Business Market
Duration : Period :
Tyco International Ltd. Technical Analysis Chart | TYC | CH0100383485 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes