Tyco International controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2002
Kozlowski executive-compensation and governance scandal
Tyco became embroiled in allegations that former chairman and chief executive Dennis Kozlowski, former chief financial officer Mark H. Swartz, and former chief legal officer Mark A. Belnick failed to disclose major financial information and improperly benefited from company resources. The controversy led to executive departures, regulatory action, company lawsuits, shareholder class actions, and a major overhaul of Tyco's board and internal controls.