Pursuits
Tyco’s Kozlowski Should Be Denied Hearing, Board Says
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Former Tyco International Ltd. Chief Executive Officer L. Dennis Kozlowski shouldn’t be given a new parole hearing because his crimes were too serious to allow his release from prison yet, parole officials told a court.
Mark Shawhan, an attorney for the New York Attorney General’s Office, yesterday asked a panel of five appellate judges in Manhattan to overturn a ruling granting Kozlowski a new hearing before the state’s Board of Parole, saying the ex-Tyco executive stole more than $100 million from his company.