Former Tyco chief Dennis Kozlowski is set to be released from prison next month after being granted parole Tuesday.
The one-time CEO was sentenced to eight-and-a-third to 25 years in prison in 2005 after being convicted in a $134 million fraud case.
The Newark native's release, likely coming on January 17, follows that of ex-CFO Mark Swartz in October.
Together, they paid nearly $240 million in fines and restitution.
Under terms of the parole decision, Kozlowski agreed not to communicate with Swartz or Tyco without his parole officer's permission.