Harbinger Seeks $1.9 Billion in SkyTerra Fraud Suit
SkyTerra's former owners and management knew the satellite company's proposed ancillary terrestrial component (ATC) network would interfere with GPS devices even as it sought FCC approval and investor cash, said investors Harbinger Capital in a suit filed last week in…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
New York State Supreme Court in Manhattan seeking more than $1.9 billion in compensatory and punitive damages. The suit, in docket 657515-2017, claims SkyTerra testing had shown its L-band network would interfere substantially with adjacent band GPS receivers but hid the information from the plaintiffs and the FCC. Harbinger in its suit said the complaint is unrelated to Ligado -- and Ligado's own ATC network plans, which have "been modified substantially from SkyTerra’s original application," including through the use of power limits. Ligado didn't comment Wednesday. SkyTerra became part of LightSquared -- now Ligado -- in 2010. Former SkyTerra owner Apollo Global Management said Wednesday the suit "lacks merit, and we intend to defend ourselves vigorously.”