{"id":37298,"date":"2013-08-09T12:26:40","date_gmt":"2013-08-09T16:26:40","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=37298"},"modified":"2013-08-09T12:26:40","modified_gmt":"2013-08-09T16:26:40","slug":"deere-gps-makers-sued-by-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2013\/deere-gps-makers-sued-by-hedge-fund.html","title":{"rendered":"Deere, GPS makers sued by hedge fund"},"content":{"rendered":"<p>Chicago Tribune &#8211; Hedge fund Harbinger Capital, led by billionaire Phil Falcone, has sued Deere &amp; Co. and GPS makers for $1.9 billion in damages in an effort recoup its investment in bankrupt wireless company LightSquared, court papers show.<\/p>\n<p>LightSquared filed for bankruptcy last year after Moline-based Deere, Garmin International, Trimble Navigation Ltd and GPS industry groups all opposed its plan to build a wireless network due to concerns that LightSquared spectrum would interfere with GPS systems, which are used in everything from farm machinery to airline navigation.<\/p>\n<p><a href=\"http:\/\/www.chicagotribune.com\/business\/breaking\/chi-deere-gps-makers-sued-20130809,0,3664371.story\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chicago Tribune &#8211; Hedge fund Harbinger Capital, led by billionaire Phil Falcone, has sued Deere &amp; Co. and GPS makers for $1.9 billion in damages in an effort recoup its investment in bankrupt wireless company LightSquared, court papers show. LightSquared [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-37298","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=37298"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37298\/revisions"}],"predecessor-version":[{"id":37299,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37298\/revisions\/37299"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=37298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=37298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=37298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}