![]() Through their lawyers, both men said they would appeal. On Friday, Kozlowski slipped out of court through a rear door, declining to comment as he pushed through a crush of cameras. Over three years, the Tyco case came to symbolize an era of corporate greed, with vivid details of the $6,000 shower curtain that hung in Kozlowski's $31 million Fifth Avenue apartment and the $2.2 million party for Kozlowski's wife on the island of Sardinia in 2001. Kozlowski's wife, Karen, wiped back tears. Kozlowski, 58, and Swartz, 44, displayed little emotion as the jury foreman announced their fate. Swartz on multiple counts of looting the company, handing prosecutors a big win in their crackdown on corporate crime and concluding a legal drama that stretched across two trials and three years.Īfter 11 days of deliberations, the jury of six men and six women found Kozlowski and Swartz guilty of criminal counts of grand larceny, conspiracy, securities fraud, and eight of nine counts of falsifying business records. Dennis Kozlowski and former chief financial officer Mark H. A Manhattan jury on Friday convicted former Tyco International Ltd.
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