Falcone Admits Fault, Agrees to $18M Settlement

Falcone Admits Fault, Agrees to $18M Settlement Play

Aug. 19 (Bloomberg) -- Billionaire hedge-fund manager Philip Falcone and his firm Harbinger Capital Partners agreed to pay $18 million and admit wrongdoing to settle claims by the SEC. Bloomberg’s Su Keenan reports on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)

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