// BEGIN editorial data var i = 0; var TycoTimeline = new Array(); TycoTimeline.ID = "TycoTimeline"; TycoTimeline.ID_WB = 4653860; TycoTimeline.sPubDate = "9/19/2005 5:39:00 PM GMT"; TycoTimeline.navsectionID = "3032229" TycoTimeline.appFmt = 2; TycoTimeline.appWidth = 460; TycoTimeline.appHeader = "Timeline|The Tyco scandal"; TycoTimeline.appFooter = "Source: The Associated Press"; TycoTimeline.appNavStyle = 3; TycoTimeline.appLayout = 1; TycoTimeline.copyHeight = 250; TycoTimeline.copyMargin = 9; TycoTimeline[i++] = new Array("","1960","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Tyco is founded as a research laboratory."; TycoTimeline[i++] = new Array("","1992","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "L. Dennis Kozlowski, employed by Tyco since 1976, is named CEO."; TycoTimeline[i++] = new Array("","1997","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "The company merges with Bermuda-based securty systems provider ADT."; TycoTimeline[i++] = new Array("","June 3, 2002","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Kozlowski, citing “personal reasons,” resigns unexpectedly amid reports that he is being investigated on suspicion of failure to pay sales taxes."; TycoTimeline[i++] = new Array("","June 4","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Kozlowski is charged with illegally avoiding more than $1 million in sales taxes on paintings, including works by Renoir and Monet."; TycoTimeline[i++] = new Array("","Sept. 12","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Kozlowski and Swartz are charged with looting the company of hundreds of millions of dollars. They plead innocent. They are also accused by the SEC of failing to disclose huge sweetheart loans and other money taken out of the company."; TycoTimeline[i++] = new Array("","Sept. 17","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Tyco, in an SEC filing, details a pattern of improper and illegal activities by its former management, including nearly $100 million in unauthorized payments to Tyco employees."; TycoTimeline[i++] = new Array("","Sept. 29, 2003","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Jury selection begins in the trial of Swartz and Kozlowski in New York."; TycoTimeline[i++] = new Array("","Oct. 7","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Opening statements begin."; TycoTimeline[i++] = new Array("","Feb. 10, 2004","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Swartz testifies he didn’t do anything he believed was illegal during the 11 years he worked at the company. Kozlowski does not take the stand."; TycoTimeline[i++] = new Array("","March 5","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Judge throws out enterprise corruption charge against Kozlowski and Swartz, the most serious count."; TycoTimeline[i++] = new Array("","March 22","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Jury deliberations begin."; TycoTimeline[i++] = new Array("","March 26","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Mistrial averted a day after jury sent out note describing the jury room atmosphere as \"poisonous.\" Some media reports say Juror No. 4 flashed the \"OK\" sign to the defense table as she left the courtroom."; TycoTimeline[i++] = new Array("","March 27","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "The New York Post featured a sketch on its Saturday cover depicting her making a clear \"OK\" gesture. It called her a \"paranoid socialite\" and \"batty blueblood.\""; TycoTimeline[i++] = new Array("","March 29","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Defense attorneys repeat their request for a mistrial, citing pressure on the juror, but are rebuffed."; TycoTimeline[i++] = new Array("","April 2","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Judge declares a mistrial citing undue pressure on one of the jurors."; TycoTimeline[i++] = new Array("","June 14","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Judge drops three of the counts against Kozlowski, saying that failure to pay sales tax is not a crime in New York."; TycoTimeline[i++] = new Array("","July 15","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Tyco’s former top lawyer, Mark A. Belnick, is acquitted of charges he stole millions of dollars by accepting an illegal bonus and abusing company loan programs."; TycoTimeline[i++] = new Array("","Sept. 29","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Prosecutors drop the charge of enterprise corruption."; TycoTimeline[i++] = new Array("","Jan. 18, 2005","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Jury selection begins for the second trial of Swartz and Kozlowski in New York."; TycoTimeline[i++] = new Array("","Jan. 26","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Opening statements begin."; TycoTimeline[i++] = new Array("","April 27","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Kozlowski takes the witness stand and denies he ever abused company loan programs or received a bonus to which he was not entitled."; TycoTimeline[i++] = new Array("","May 3","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Kozlowski finishes four days of testimony, insisting he left it to lawyers and accountants to decide what to tell shareholders about his compensation."; TycoTimeline[i++] = new Array("","May 4","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Swartz testifies in his own defense, denying charges that he stole millions of dollars of the company’s money through unauthorized pay and loans."; TycoTimeline[i++] = new Array("","June 2","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Jury deliberations begin."; TycoTimeline[i++] = new Array("","June 17","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Kozlowski and Swartz are convicted of looting Tyco of more than $600 million in corporate bonuses and loans. Both are convicted of grand larceny, falsifying business records and other charges."; TycoTimeline[i++] = new Array("","Sept. 19","","","","", "", "", "", "", "", "", "", "", "", "", "", "", "", ""); TycoTimeline[i-1].body = "Kozlowski and Swartz are sentenced to eight and one-third to 25 years in prison.
"; // END editorial data