Harbinger Capital Partners

Phil Falcone of Harbinger Capital Investments was at the Ira Sohn Conference yesterday, and gave Crosstex Energy, Inc. (NASDAQ: XTXI) as his investment idea. Falcone likes that Crosstex Energy is one of the few publicly traded general partners in a C Corp. asset structure. It owns 16.4 million...

The Wall Street Journal reported that Nacco Industries, Inc. (NYSE: NC) has filed a lawsuit alleging breach of contract and other claims related to its failed bid for Applica Inc. Nacco alleged that executives at Applica had passed tips to Harbinger Capital Partners that won the takeover bid....