NEW YORK, April 18- Harbert Management Corporation and its top executives agreed to pay $40 million to settle with New York over a failure to pay state and city income taxes on hundreds of millions of dollars of hedge fund performance fees, according to the New York attorney general. Alabama- based Harbert Management was the fund sponsor for Philip Falcone's...
Andersons on Wednesday rejected a $1 billion all-cash offer from HC2 Holdings, a company run by former hedge fund manager Philip Falcone.
Jefferies is backing a former senior SAC executive despite its own struggle with insider trading at an internal hedge fund.
The head of Harbinger Group had a miserable 2013 that culminated with him agreeing to an $18 million settlement with the SEC.
Federal regulators are suing hedge fund manager Philip Falcone and his firm, accusing him of civil fraud for using fund money to pay his taxes and favoring some fund customers at the expense of others.
The SEC is charging Philip Falcone & Harbinger Capital with securities fraud, reports CNBC's Tyler Mathisen.
CNBC's Kate Kelly reports on the details of Harbinger fund manager Philip Falcone's comments regarding a potential IPO and regulatory policies.
The wireless carrier ended its hosting agreement with start-up LightSquared, because regulators say it interferes with GPS navigation devices.
The FCC has blocked a plan by LightSquared to build a new wireless network. Discussing what a LightSquared failure could mean to billionaire hedge fund manager, Philip Falcone, with Greg Zuckerman, Wall Street Journal.
Many of the conference attendees are considered industry icons for outperforming their peers. Click to see the Hedge Fund elite, and how much money they’re managing.