Minnesota Wild Owner Gets $18 Million Misconduct Penalty

by Rachel Baker on August 21, 2013

Forbes.com reported yesterday about the settlement between Philip Falcone and the SEC.

Billionaire Philip Falcone will not have to go to the penalty box, but he and his hedge fund, Harbinger Capital Partners, will pay $18 million to settle SEC charges over Falcone’s use of firm money and other accusations, regulators said Monday.

http://www.forbes.com/sites/mikeozanian/2013/08/20/minnesota-wild-owner-philip-falcone-gets-18-million-misconduct-penalty/

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