Dec 12 2011 | 1:42pm ET
Harbinger Capital Partners, facing possible Securities and Exchange Commission fraud charges for a variety of alleged misdeeds, will suspend redemptions from its four main hedge funds.
In a statement Friday, Harbinger and founder Philip Falcone explained that "the decision to temporarily suspend withdrawals is necessary when balancing the preservation of value for all Feeder Fund investors."
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…