A FORMER senior executive at embattled Tyco International Inc. yesterday sued the company for more than $9 million, saying he has been bilked out of severance pay since being fired.
Richard D. Power, a vice president and one-time chief financial officer at Tyco over the last 20 years, was fired in June as the company reorganized its executive ranks following the scandal that enveloped its chief executive officer, L. Dennis Kozlowski. Mr. Kozlowski has been indicted for state sales-tax evasion on millions of dollars of art purchases. According to Mr. Power’s federal lawsuit filed in the Southern District, he briefly left Tyco in 1999 to consider other business opportunities and was convinced to return by Mr. Kozlowski.
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