Walsh, who resigned from the conglomerate in February, failed to reveal a $20m payment he received from the company for helping CEO Dennis Kozlowski with the failed takeover of finance group CIT.
Half of the payment went to charity but Walsh has greed to pay back the full sum and a fine of $2.5m.
It was news of the payment to Walsh that began the downfall of Kozlowski.
Kozlowski and Tyco’s chief financial officer Mark Swartz have been charged with corruption and both have pleaded not guilty.
Leonard Curtis Business Solutions Group has opened a new office in Glasgow – the first Scottish office for the professional services provider
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal