Prosecutors decided Monday not to pursue charges of enterprise corruption against former Tyco International Ltd. executives L. Dennis Kozlowski and Mark H. Swartz. But Kozlowski and Swartz still face charges of grand larceny, conspiracy, securities fraud and falsifying business records for allegedly taking more than $170 million in unauthorized compensation and loans -- charges which, according to an assistant district attorney, provide "an adequate scope of imprisonment."
DA Backs Off Top Count in Tyco Executives' Retrial
New York Law Journal
September 29, 2004