Ex-Tyco GC Belnick Acquitted of All Charges

Mark Belnick, former GC of Tyco International Ltd., was acquitted Thursday of all charges that he stole more than $30 million in compensation and loans from the company. Belnick had refused a pretrial deal that would have carried no jail time but would have cost him most of his money, property and law license. In court, the defense's strategy centered on Belnick himself, who was cast as an honest lawyer and outsider who met active hostility from other Tyco executives and board members.

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