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

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

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05/07/2012 | 10:24pm CEST

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 http://www.reuters.com/article/2012/05/07/us-tyco-swartz-idUSBRE8460YA20120507

-Dow Jones Newswires; 212-416-2900

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Financials ($)
Sales 2017 30 107 M
EBIT 2017 3 548 M
Net income 2017 1 912 M
Debt 2017 11 221 M
Yield 2017 2,15%
P/E ratio 2017 25,39
P/E ratio 2018 15,08
EV / Sales 2017 1,75x
EV / Sales 2018 1,66x
Capitalization 41 446 M
Chart TYCO INTERNATIONAL LTD.
Duration : Period :
Tyco International Ltd. Technical Analysis Chart | TYC | CH0100383485 | 4-Traders
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 49,6 $
Spread / Average Target 12%
EPS Revisions
Managers
NameTitle
Alex A. Molinaroli Chairman & Chief Executive Officer
George R. Oliver President, Chief Operating Officer & Director
Brian J. Stief Chief Financial Officer & Executive Vice President
John P. Repko Chief Information Officer & Vice President
David P. Abney Director
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