Tyco’s Kozlowski is served with divorce papers

Tyco’s Kozlowski is served with divorce papers : ServeNow.com: "Tyco International Ltd.’s imprisoned former chief executive officer, L. Dennis Kozlowski, has been served with divorce papers, giving him 45 days to disclose his financial condition to his estranged wife, Karen.

Former Cumberland resident Kozlowski, 60, was served Thursday at the Mid-State Correctional Facility in Marcy, N.Y., his lawyer Dirk Lorenzen said. The former CEO previously refused his wife’s demand for disclosure. His lawyers told a Palm Beach County, Fla., court he was never served with divorce papers, so disclosure wasn’t mandatory within 45 days of her July 31 filing.

Kozlowski’s financial information may be of interest to Tyco shareholders who sued him and the company. They are seeking to recover money lost when Tyco shares plunged after accounting problems became public in 2002.

“Clearly, he’s taking a view he is willing to play games,” New York attorney John Moscow, a former prosecutor, said. “It could be spite, or it could be he doesn’t want [Karen] or anybody else to know his assets.” "