Leap Wireless investor Harbinger sells more than 3 million shares

By Lisa Kerner

Charlotte, N.C., July 28 - Leap Wireless International, Inc. shareholders led by Harbinger Capital Partners Master Fund I, Ltd. sold 3,041,000 shares of the company's stock between July 24 and July 28 priced from $25.44 to $27.05, according to a schedule 13D/A filed with the Securities and Exchange Commission on Tuesday.

Harbinger and its affiliates beneficially own 7,484,000 shares, or 9.7%, of the San Diego-based provider of wireless services.

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