View release in full here (links externally to SEC website).

View release in full here (links externally to SEC website).

View release in full here (links externally to SEC website).

Charges included misappropriation of client assets, market manipulation, and betraying clients. The SEC also charged Peter A. Jenson, Harbinger's former Chief Operating Officer, for aiding and abetting the misappropriation scheme. Additionally, the SEC reached a settlement with Harbinger for unlawful trading. View press release in full here (links externally to SEC website). Additional Materials: SEC Complaint: Harbinger Capital Partners LLC; Philip A. Falcone; and Peter A. Jenson SEC Complaint: Philip A. Falcone, Harbinger Capital Partners Offshore Manager, L.L.C., and Harbinger Capital

The CFTC announced that the U.S. District Court for the Central District of California entered an order of default judgment and permanent injunction against The Trade Tech Institute, Inc., Technology Trading International, Inc., and Robert Sorchini, all of Los Angeles. The same Court previously entered a consent order of permanent injunction against Richard Carter as Controlling Person of both companies. The orders find that from at least 2007 until the CFTC complaint was filed in March 2011, Trade Tech, by and through Sorchini, Carter and other employees, fraudulently promoted and marketed a