Jailed Ex-Tyco Chief Kozlowski Denied New Parole Hearing

Law360, New York (July 2, 2013, 6:35 PM EDT) -- Disgraced former Tyco International Ltd. CEO Dennis Kozlowski, who was convicted of looting the firm, must remain in prison for the time being after a New York state appeals court on Tuesday rejected his parole application.

Kozlowski, currently serving a prison sentence of between 8 1/3 years and 25 years, was denied parole in April by the New York State Board of Parole. He sued the board in October, and a state judge reversed the decision in February after finding the board had inadequately reviewed the...
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