Getting your player ready...
Billionaire Philip Falcone’s hedge fund, Harbinger Capital Partners, was told Friday it may be sued by federal regulators for securities-law violations and said it plans to halt investor withdrawals at year-end.
Falcone, 49, as well as fund executives Omar Asali and Robin Roger, the general counsel, also received so-called Wells Notices from the staff of the U.S. Securities and Exchange Commission, Harbinger said.
Denver Post staff and wire reports
