SkyTerra Fraud Suit by Harbinger Remains on Pause

Harbinger Capital's 2017 $1.9 billion fraud suit against SkyTerra's former owners and management -- on stay since February -- will remain on stay through April 3, said a New York State Supreme Court docket 657515/2017 stipulation Friday. The sides said the stay was at Ligado's request. SkyTerra became part of Ligado in 2010.