Hedge Fund - Harbinger

Phil Falcone is sued by SEC for "illicit conduct that included misappropriation of client assets, market manipulation, and betraying clients. The SEC also charged Peter A.

We received an email alert from Bloomberg News regarding billionaire hedge fund manager Phil Falcone.

Philip Falcone’s hedge fund, having taken out a loan earlier this year at an effective annual interest rate of 24 percent, has found a new source of financing: the money-management arm of billionaire...

Phil Falcone is the founder of Harbinger and LightSquared, the latter for which he has been in the news for lately after the company filed for bankruptcy.

John Paulson's Paulson & Co losses last year have gotten a lot of press attention – after all, one of his top funds lost almost 53% – but his other funds loss considerably less.

The hedge-fund manager is facing possible bankruptcy of his LightSquared telecom company, censure by the SEC, and lawsuits by investors, but tells Eli Lake he will solve the problems—and still be a ...

Packaged-ice maker Reddy Ice Holdings Inc.

Phil Falcone's Harbinger Capital Partners owns the lion's share of LightSquared, the wireless venture that has been struggling to receive federal approval to implement a mobile technology that uses global...