Ex-Harbinger Exec Close To Pact With SEC In Fraud Suit

Law360, New York (February 11, 2014, 4:42 PM EST) -- The former chief operating officer of Harbinger Capital Partners LLC is close to reaching a settlement with the U.S. Securities and Exchange Commission in a fraud suit that the hedge fund and owner Philip Falcone previously settled for $18 million, according to a Tuesday court filing.

An attorney for Peter A. Jenson asked a New York federal judge to delay by two weeks a Feb. 13 court hearing “so that the parties may continue ongoing discussions on possible settlement.” His co-defendants, Harbinger and Falcone, admitted wrongdoing...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Securities and Exchange Commission v. Falcone et al


Case Number

1:12-cv-05027

Court

New York Southern

Nature of Suit

Securities/Commodities

Judge

Paul A. Crotty

Date Filed

June 27, 2012


Case Title

Securities and Exchange Commission v. Harbinger Capital Partners LLC et al


Case Number

1:12-cv-05028

Court

New York Southern

Nature of Suit

Securities/Commodities

Judge

Paul A. Crotty

Date Filed

June 27, 2012

Law Firms

Companies

Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.