Tyco is the former name of Mantua Industries. The name was derived from the phrase TYler COmpany after its founder, John Tyler. The company manufactured model trains. It was shut down October 31, 2001.
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Tyco is one of several large corporations whose books are being scrutinized by prosecutors and federal regulators, Enron Corp., WorldCom Inc. and Adelphia Communications also among them.
Tyco also said it sued Kozlowski, seeking to get back pay and benefits since 1997 of about $244 million, as well as the forfeiture of all his severance pay.
Tyco's shares ended unchanged in U.S. trade on Thursday but are well below their 52-week high of $60.09.