L. Dennis Kozlowski and Mark H. Swartz, accused of looting hundreds of millions of dollars from Tyco International Ltd., were convicted Friday of grand larceny and other charges.
A Manhattan State Supreme Court jury deliberated 11 days before convicting the former Tyco CEO and the conglomerate’s former finance chief, Mark H. Swartz. The verdict came after a four-month trial. The pair face up to a maximum of 30 years in prison on their convictions.