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Tracking the proximity of price influencing events and insider trading.


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Tyco Scandal

Millions in fraudulent bonuses and personal expenses (including a $6,000 shower curtain) for indicted former Chairman Dennis Kozlowski. Add to this over $13.5 million in unauthorized loans made to key Tyco managers and you have some explaining to do.

Tyco Intl Ltd (TYC)
Chronology of Events

(choose date for trade)
oldest to newest   newest to oldest
ticker for trade
in other company
1999-12-01: SEC begins inquiry. (*approx date)
2000-06-01: Tyco restates earnings. (*approx date)
2000-07-01: SEC probe ends. (*approx date)
2002-01-16: Tyco posts negative cash flow, gives gloomy outlook.
2002-01-23: Tyco sets plan to break into four companies.
2002-02-04: Tyco confirms spending $8 billion on 700 unannounced acquisitions.
2002-04-26: Tyco abandons plans for breakup.
2002-06-05: Kozlowski indicted for tax evasion, two days after he resigns.
2002-06-13: SEC reopens accounting investigation.
2002-06-26: Kozlowski faces new tampering charges.
2002-07-23: Tyco posts $2.32 billion loss.
2002-07-25: Edward Breen named CEO.
2002-09-12: Manhattan DA; SEC file fraud charges against Kozlowski, two other former executives; Tyco sues Kozlowski.