Harbinger Settlement is Good Step for SEC, and Yet …
SEC Chairwoman Mary Jo White chose Philip Falcone and his hedge fund, Harbinger Capital Partners, as the agency's first target in an effort to extract tougher settlements from defendants. What hasn't been publicly noted is that Harbinger is currently a client of White's former firm, Debevoise & Plimpton.
By Susan BeckAugust 28, 2013
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