Harbinger Capital Managment Fund | Investment Security Note

Harbinger Capital Management

Harbinger Capital Management Note

Harbinger Capital Partners Hedge FundAs an addition to our Harbinger Capital Partners Hedge Fund Tracker Tool profile here's a short news story on Harbinger Capital Partners:

Activist fund Harbinger Capital said it expects to hold talks with Leap Wireless International Inc (LEAP.O) about the wireless service provider's management and operations.

Harbinger, Leap's second biggest shareholder, with a 14.8 percent stake, said in a filing at the U.S. Securities and Exchange Commission that it expected to engage in discussions with Leap regarding near-term and long-term management and operations and ideas for maximizing shareholder value.

A spokesman for Harbinger declined to comment beyond the filing.

Leap spokesman Greg Lund said the company was open to talk with any shareholder including Harbinger but declined to comment on any specific discussions.

"We respect and welcome the views and opinions of all Leap stockholders," he said. "We look forward to continuing the open and productive dialogue we've had and expect to have with all of our stockholders." Source

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