Leap Wireless investor Harbinger sells more than 3.03 million shares

By Lisa Kerner

Charlotte, N.C., Sept. 18 - Leap Wireless International, Inc. shareholders led by Harbinger Capital Partners Master Fund I, Ltd. cut their stake in the company to 5.7% from 9.7% with the sale of 3,032,900 shares.

The shares were sold between July 29 and Sept. 17 at prices from $19.99 to $25.40, according to a schedule 13D/A filed with the Securities and Exchange Commission on Friday.

Between July 24 and July 28, Harbinger sold 3,041,000 shares, a prior SEC filing said.

Harbinger and its affiliates beneficially own 4,451,100 shares of the San Diego-based provider of wireless services.

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