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Johnson Controls
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=== Tyco international scandal === In 2002, former [[chairman]] and [[chief executive]] [[Dennis Kozlowski]] and former [[chief financial officer]] Mark H. Swartz were accused of the theft of more than US$150 million from the company. During their trial in March 2004, they contended the board of directors authorized it as compensation.<ref>{{Cite news |date=5 December 2013 |title=Ex-Tyco CEO Kozlowski Says He Stole out of Pure Greed |work=Reuters |url=https://www.reuters.com/article/us-tyco-kozlowski-release-idUSBRE9B417820131205 |access-date=6 February 2022 }}</ref> Kozlowski was tried twice. The first attempt was a ruled mistrial when one of the jurors was threatened by the public after being reported to have made an [[OK sign]] towards Kozlowski's lawyers.<ref>{{Cite web|title=Judge Declares Kozlowski Mistrial|url=https://www.forbes.com/2004/04/02/cx_da_0402tycomistrial.html|access-date=6 February 2022|website=Forbes }}</ref> Kozlowski testified on his own behalf during the second trial, stating that his pay package was "confusing" and "almost embarrassingly big," but that he never committed a crime as the company's top executive. On 17 June 2005, after a retrial, Kozlowski and Swartz were convicted on all but one of the more than 30 counts against them. The verdicts carry potential jail terms of up to 25 years in state prison. Kozlowski and Swartz were each sentenced to no less than eight years and four months and no more than 25 years in prison.<ref>{{Cite news |agency=Associated Press|date=19 September 2005|title=Kozlowski sentenced in Tyco trial|url=https://www.denverpost.com/2005/09/19/kozlowski-sentenced-in-tyco-trial/|access-date=6 February 2022|newspaper=The Denver Post }}</ref> Then in May 2007, [[New Hampshire]] Federal District Court Judge [[Paul Barbadoro]] approved a class action settlement whereby Tyco agreed to pay $2.92 billion (in conjunction with $225 million by Pricewaterhouse Coopers, their auditors) to a class of defrauded shareholders represented by [[Grant & Eisenhofer P.A.]], Schiffrin, Barroway, Topaz & Kessler, and Milberg Weiss & Bershad. On 17 January 2014, Kozlowski was granted [[parole]] from [[Lincoln Correctional Facility]] in New York City.<ref>{{Cite web |last=de la Merced |first=Michael J. |date=3 December 2013 |title=Kozlowski Is Granted Parole |url=https://dealbook.nytimes.com/2013/12/03/kozlowski-is-granted-parole/ |access-date=6 February 2022 |website=DealBook }}</ref>
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