December 23, 2015
Wireless broadband provider New LightSquared has agreed to drop a $1.5 billion racketeering suit against Dish Network for allegedly wresting control of the once-bankrupt startup company from its hedge fund backers, according to documents filed Wednesday in New York federal court.
July 22, 2015
Harbinger Capital Partners LLC took a second crack Tuesday at its $1.5 billion racketeering allegations against Dish Network Corp., bringing to New York federal court its suit accusing Dish of wresting away the hedge fund's control over LightSquared Inc. months after a Colorado judge dismissed nearly identical allegations.