IN RE HARBINGER CAPITAL PARTNERS FUNDS INVESTOR LITIGATION

No. 12-cv-1244 (AJN).

In re Harbinger Capital Partners Funds Investor Litigation

United States District Court, S.D. New York.

March 30, 2015.


Attorney(s) appearing for the Case

Lili Schad, Plaintiff, represented by Jacob H. Zamansky , Zamansky & Associates LLC, Steven E. Fineman , Lieff Cabraser Heimann & Bernstein, LLP, Amanda Marjorie Steiner , Girard Gibbs LLP, Christina H. C. Sharp , Girard Gibbs LLP, Daniel Patrick Chiplock , Lieff Cabraser Heimann & Bernstein, LLP, Daniel Charles Girard , Girard Gibbs LLP, David A. Straite , Kaplan Fox & Kilsheimer, LLP, Edward H. Glenn, Jr. , Zamansky & Associates, L.L.C., Jonathan K. Levine , Girard Gibbs LLP, Kevin Dugald Galbraith , The Law Office of Kevin Galbraith, Nicholas R. Diamand , Lieff Cabraser Heimann & Bernstein, LLP & Samuel Ethan Bonderoff , Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Anil Bhardwaj, Plaintiff, represented by Steven E. Fineman , Lieff Cabraser Heimann & Bernstein, LLP, Daniel Patrick Chiplock , Lieff Cabraser Heimann & Bernstein, LLP, David A. Straite , Kaplan Fox & Kilsheimer, LLP, Edward H. Glenn, Jr. , Zamansky & Associates, L.L.C., Jacob H. Zamansky , Zamansky & Associates LLC, Kevin Dugald Galbraith , The Law Office of Kevin Galbraith, Nicholas R. Diamand , Lieff Cabraser Heimann & Bernstein, LLP & Samuel Ethan Bonderoff , Paul, Weiss, Rifkind, Wharton & Garrison LLP.

The Edward M. Armfield Sr. Foundation, Inc., Plaintiff, represented by Jacob H. Zamansky , Zamansky & Associates LLC, Steven E. Fineman , Lieff Cabraser Heimann & Bernstein, LLP, Daniel Patrick Chiplock , Lieff Cabraser Heimann & Bernstein, LLP, Edward H. Glenn, Jr. , Zamansky & Associates, L.L.C., Kevin Dugald Galbraith , The Law Office of Kevin Galbraith, Nicholas R. Diamand , Lieff Cabraser Heimann & Bernstein, LLP & Samuel Ethan Bonderoff , Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Randall Lang, Plaintiff, represented by Jacob H. Zamansky , Zamansky & Associates LLC, Steven E. Fineman , Lieff Cabraser Heimann & Bernstein, LLP, Daniel Patrick Chiplock , Lieff Cabraser Heimann & Bernstein, LLP, Edward H. Glenn, Jr. , Zamansky & Associates, L.L.C., Kevin Dugald Galbraith , The Law Office of Kevin Galbraith, Nicholas R. Diamand , Lieff Cabraser Heimann & Bernstein, LLP & Samuel Ethan Bonderoff , Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Klein Family Partnership L.P., Plaintiff, represented by Jacob H. Zamansky , Zamansky & Associates LLC, Steven E. Fineman , Lieff Cabraser Heimann & Bernstein, LLP, Daniel Patrick Chiplock , Lieff Cabraser Heimann & Bernstein, LLP, Edward H. Glenn, Jr. , Zamansky & Associates, L.L.C., Kevin Dugald Galbraith , The Law Office of Kevin Galbraith, Nicholas R. Diamand , Lieff Cabraser Heimann & Bernstein, LLP & Samuel Ethan Bonderoff , Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Harbinger Capital Partners LLC, Defendant, represented by Daniel J. Leffell , Paul, Weiss, Rifkind, Wharton & Garrison LLP, Leslie Gordon Fagen , Paul, Weiss, Rifkind, Wharton & Garrison LLP, Leslie Gordon , paul, Weiss, Rifkind, Wharton & Garrison & Steven Craig Herzog , Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Harbinger Holdings, LLC, Defendant, represented by Daniel J. Leffell , Paul, Weiss, Rifkind, Wharton & Garrison LLP, Leslie Gordon Fagen , Paul, Weiss, Rifkind, Wharton & Garrison LLP, Leslie Gordon , paul, Weiss, Rifkind, Wharton & Garrison & Steven Craig Herzog , Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Philip A. Falcone, Defendant, represented by Daniel J. Leffell , Paul, Weiss, Rifkind, Wharton & Garrison LLP, Leslie Gordon Fagen , Paul, Weiss, Rifkind, Wharton & Garrison LLP, Leslie Gordon , paul, Weiss, Rifkind, Wharton & Garrison & Steven Craig Herzog , Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Harbinger Capital Partners GP, L.L.C., Defendant, represented by Daniel J. Leffell , Paul, Weiss, Rifkind, Wharton & Garrison LLP, Leslie Gordon Fagen , Paul, Weiss, Rifkind, Wharton & Garrison LLP & Steven Craig Herzog , Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Harbinger Capital Partners Special Situations GP, L.L.C., Defendant, represented by Daniel J. Leffell , Paul, Weiss, Rifkind, Wharton & Garrison LLP, Leslie Gordon Fagen , Paul, Weiss, Rifkind, Wharton & Garrison LLP & Steven Craig Herzog , Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Harbinger Capital Partners Special Situations Offshore GP, L.L.C., Defendant, represented by Daniel J. Leffell , Paul, Weiss, Rifkind, Wharton & Garrison LLP, Leslie Gordon Fagen , Paul, Weiss, Rifkind, Wharton & Garrison LLP & Steven Craig Herzog , Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Harbinger Capital Partners Fund I, L.P., Defendant, represented by Gregory A. Clarick , Clarick Gueron Reisbaum LLP, Isaac Berkman Zaur , Clarick Gueron Reisbaum LLP & Nicole L. Gueron , Clarick Gueron Reisbaum LLP.

Harbinger Capital Partners Special Situation Fund L.P., Defendant, represented by Gregory A. Clarick , Clarick Gueron Reisbaum LLP, Isaac Berkman Zaur , Clarick Gueron Reisbaum LLP & Nicole L. Gueron , Clarick Gueron Reisbaum LLP.

Harbinger Capital Partners Special Situations Offshore Fund LP, Nominal Defendant, represented by Gregory A. Clarick , Clarick Gueron Reisbaum LLP, Isaac Berkman Zaur , Clarick Gueron Reisbaum LLP & Nicole L. Gueron , Clarick Gueron Reisbaum LLP.


OPINION & ORDER

This is a putative class action arising out of Plaintiffs' investments in a family of hedge funds managed by Defendants Philip A. Falcone and Harbinger Capital Partners, LLC, and affiliated entities. Plaintiffs' allegations center on Defendants' investment in the wireless broadband...

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