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Tag: harbinger
A Further Harbinger on the Application of SLUSA
2015-04-22 23:54:50| Agriculture - Topix.net
On March 30, 2015, the U.S. District Court for the Southern District of New York dismissed claims in a putative class action against New York-based hedge fund manager Philip A. Falcone , his advisory firm Harbinger Capital Partners , and its affiliates. The court held that the plaintiffs' state law claims of fraud and negligent misrepresentation were precluded by the Securities Litigation Uniform Standards Act of 1998 .
Tags: of
application
harbinger
Court Finds In Favor Of Harbinger On $50 Million Claim Involving...
2015-04-07 19:08:18| Food - Topix.net
In a lengthy opinion detailing extensive findings of fact and law, a New York federal district court entered its order in favor of Harbinger F&G, LLC and against OM Group Limited in an action stemming from claims arising from the stock purchase agreement for the purchase of Old Mutual Financial Life Insurance Company by Harbinger from OM Group. Under the Agreement, Harbinger was entitled to a $50 million purchase price reduction if the Maryland insurance regulators did not approve a post-closing transaction between Old Mutual and Front Street Re, a reinsurance company owned indirectly by Harbinger, and if Harbinger fulfilled certain other conditions precedent.
Tags: million
court
claim
favor
Court Finds In Favor Of Harbinger On $50 Million Claim Involving...
2015-04-07 19:04:43| Agriculture - Topix.net
In a lengthy opinion detailing extensive findings of fact and law, a New York federal district court entered its order in favor of Harbinger F&G, LLC and against OM Group Limited in an action stemming from claims arising from the stock purchase agreement for the purchase of Old Mutual Financial Life Insurance Company by Harbinger from OM Group. Under the Agreement, Harbinger was entitled to a $50 million purchase price reduction if the Maryland insurance regulators did not approve a post-closing transaction between Old Mutual and Front Street Re, a reinsurance company owned indirectly by Harbinger, and if Harbinger fulfilled certain other conditions precedent.
Tags: million
court
claim
favor
New Harbinger Group CEO Doesn't Want To Hear The Words 'Phil' Or 'Falcone' In His Presence
2015-03-11 11:29:00| Food - Topix.net
If employees of HRG Group want to discuss he who shall not be named, they'd best create some code words now. "Hockey Sticks" might work, as would "Ilphay Alconefay."
Tags: group
words
hear
presence
New Harbinger Group CEO Doesn't Want To Hear The Words 'Phil' Or 'Falcone' In His Presence
2015-03-10 18:49:30| Agriculture - Topix.net
If employees of HRG Group want to discuss he who shall not be named, they'd best create some code words now. "Hockey Sticks" might work, as would "Ilphay Alconefay."
Tags: group
words
hear
presence
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