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SEC Sues Falcone Over Market Manipulation, $113M Loan

By Ian Thoms (June 27, 2012, 5:09 PM EDT) -- The U.S. Securities and Exchange Commission on Wednesday sued Philip A. Falcone and his hedge fund, Harbinger Capital Partners LLC, claiming the billionaire investment adviser manipulated bond prices, gave preferential treatment to certain investors and used firm assets to pay his taxes....

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