OLD Media Moves

Forbes CEO sued by Kozlowski

June 2, 2010

Dennis Kozlowski, the former CEO of Tyco International who is now in prison, is suing Forbes CEO Steve Forbes for libel, reports Jonathan Stempel and Jennifer Saba of Reuters.

Stempel and Saba write, “In papers filed Friday with the New York State Supreme Court in Manhattan, Kozlowski alleged that ‘false and defamatory statements’ about him were published in Forbes’ 2009 book ‘Power, Ambition, Glory: The Stunning Parallels Between Great Leaders of the Ancient World and Today … and the Lessons You Can Learn.’

“The complaint seeks unspecified compensatory damages, plus punitive damages equal to triple the compensatory award. John Prevas, a faculty member at Eckerd College in St. Petersburg, Florida, and co-author of the book, is also a defendant.

“Forbes is editor-in-chief of Forbes magazine, and Random House, publisher of the book, is owned by Germany‘s Bertelsmann AG.”

Read more here.

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