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Harbinger’s LightSquared loses appeal after $1.9 billion lawsuit is tossed

In Daily News Briefs by Wireless Estimator

The Second Circuit in New York on Monday upheld a decision by the Manhattan federal court in February dismissing Harbinger Capital Partners LLC’s $1.9 billion suit claiming three GPS makers hid market information and drove its startup LightSquared Inc. into bankruptcy. The court said it found a lack of a relationship between the companies, Garmin, Trimble and Deere and the …