Tag: Harbinger Capital Partners

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Bankrupt wireless company LightSquared files its own lawsuit against John Deere, Garmin and Trimble

The bankrupt wireless company LightSquared filed a lawsuit on Friday heavy equipment manufacturer against John Deere and GPS companies Garmin and Trimble. LightSquared’s lawsuit contends that Deere, Garmin and Trimble knew that the company’s wireless network would interfere with GPS devices but kept quiet about it until it was too late, according to a report […]

November 5, 2013

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John Deere, Trimble and Garmin sued by hedge fund over bankrupt wireless company LightSquared

John Deere and Trimble have been named on the wrong end of a billion-dollar lawsuit along with GPS maker Garmin. Harbinger Capital Partners, a New York-based private hedge fund, on Friday filed a lawsuit against Deere and GPS companies Garmin International and Trimble Navigation Ltd for damages of $1.9 billion, according to a report from […]

August 9, 2013