He will get a lump sum payment of $20.5 million, plus $19.8 . That lot of money is quite a wide range.. Falcone reportedly settled a case with the Securities and Exchange Commission in 2013. It's no secret that one of our favorite hedge fund wives is Lisa Maria Falcone. View Philip Falcone results in Pennsylvania (PA) including current phone number, address, relatives, background check report, and property record with Whitepages. Harbert. The SEC originally wanted to forbid Falcone from being an officer of a publicly traded company, but it backed off on that demand. MG Capital founder Michael Gorzynski, a former Third Point analyst and the activist who is taking on Falcone, has many complaints about the mans management of HC2. Falcone, whose voting shares are only between 3 and 5 percent of HC2s total, says he agrees with the activists about reducing the companys debt and cutting overhead. Philip Falcone Obituary (1960 - 2019) - Easton, CT - Connecticut Post Dontzin eventually negotiated a number of concessions from the SEC. Philip Falcone in Pennsylvania 38 people named Philip Falcone found in Philadelphia-Wilmington-Atlantic City, Allentown-Bethlehem-Easton and 3 other cities. By January 2009, Harbingers assets under management had plummeted to $7 billion, even though Falcone refused to give some investors their money back. However, he has yet to raise the necessary funds to actually launch the platform. He just sold a stake in his Brazilian mining company to Carl Icahn in order to raise cash (according to observers). As of July 15, Falcone's Harbinger Capital Partners Offshore Fund I was down 10.7 percent, ranking the New York-based fund manager one of the industry's 20 worst performers, according to HSBC. Phillip Edmonds M. on LinkedIn: Looking forward to attending the 2023 MAFS Australia's Martha and Michael welcome first baby Philip Falcone, founder of the hedge fund Harbinger Capital, filed the suit Tuesday in Manhattan Supreme Court against New York Loan Company, a self-described "high-end pawn shop" based in the.