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Harbinger sues Dish, Ergen over LightSquared, seeks $1.5 billion

2015-07-22 00:50:33| Telecom - Topix.net

Harbinger Capital Partners, the hedge fund firm run by Philip Falcone, filed a new lawsuit accusing satellite TV company Dish Network Corp and its chairman, Charles Ergen, of illegally trying to strip it of control of wireless company LightSquared during its bankruptcy. The lawsuit filed on Tuesday in Manhattan federal court seeks at least $1.5 billion of damages, which Harbinger wants tripled.

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