2011-06-09wsj.com

``Investors in Harbinger Capital Partners, the hedge fund led by Philip Falcone, have asked to pull about $1 billion of their money out of the $6 billion investment fund, according to people familiar with the matter... Last year, prominent investors Blackstone Group and Goldman Sachs Group Inc. made redemption requests. Harbinger has faced regulatory scrutiny over a personal loan made to Mr. Falcone from Harbinger, which has been repaid. Harbinger has also told investors that regulators are investigating whether his firm has engaged in "market manipulation"...''



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