A New York federal judge dismissed portions of...
A New York federal judge dismissed portions of Harbinger Capital Partners’ claims of fraud against defendants affiliated with Dish Network Chairman Charlie Ergen. Harbinger, LightSquared’s largest investor, filed the complaint this year in the U.S. Bankruptcy Court in Manhattan (CD…
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Aug 26 p11). Harbinger sought $4 billion in damages. Dish said it’s pleased with the ruling. “The company looks forward to pursuing its bid in the upcoming auction for the LightSquared assets,” it said in a news release (http://bit.ly/1dq4Qg9). A transcript of Judge Shelley Chapman’s ruling wasn’t available by deadline. Harbinger had no comment.