A New Hampshire federal judge has given imprisoned former Tyco International CEO Dennis Kozlowski until Tuesday to say why his assets shouldn't be frozen until a lawsuit against him by his former company and investors is settled. Judge Paul Barbadoro temporarily ordered the assets frozen after Tyco claimed Kozlowski may be using a divorce settlement to hide money from the company and other investors. Kozlowski was convicted of conspiracy, grand larceny, securities fraud and falsifying business records.
Tyco, Investors Want Judge to Freeze Assets of Former CEO Kozlowski
The Associated Press
October 13, 2008