NEW YORK
The state Supreme Court's Appellate Division ruled in November
that there was sufficient evidence to support the 2005 convictions
of Kozlowski, Tyco's former CEO, and Swartz, the former finance
chief. Now the case is before the Court of Appeals, which scheduled
arguments for Tuesday.
Both were sentenced to 8 1/3 to 25 years in prison after being
convicted of conspiracy, grand larceny, securities fraud and
falsifying business records.
Ordered to repay more than $100 million in bonuses they contend
were legitimate, Kozlowski was also fined $70 million and Swartz
$35 million.
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