Falcone’s Harbinger Capital Gets SEC ‘Wells Notice’

On December 8, 2011, Harbinger Capital Partners LLC (NYSE: HRG) and certain of its affiliates, including Philip A. Falcone, Omar Asali, and Robin Roger, received “Wells Notices” from the staff of the United States Securities and Exchange Commission. Investment funds managed by HCP are our controlling stockholders. Mr. Falcone is our Chief Executive Officer and Chairman of our Board of Directors. Mr. Asali is our Acting President and a member of our Board of Directors and Ms. Roger is a member of our Board of Directors.

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