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Kozlowski Is Found Guilty

Stock quotes in this article: TYC  

Updated from 3:07 p.m.

A New York state jury convicted ex-Tyco (TYC Quote) chief Dennis Kozlowski and former finance chief Mark Swartz of looting the conglomerate of hundreds of millions of dollars.

Both were convicted on multiple counts, including grand larceny, which carries a sentence of up to 25 years in jail. The guilty verdict came in the former executives' second trial, after last year's mistrial. ...

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