Showing posts with label Lightsquared. Show all posts
Showing posts with label Lightsquared. Show all posts

Monday, February 21, 2011

Curtis Lu Time Warner Inc. General Counsel LEAVES without Disclosing Massive Liability to Time Warner Board and Shareholders

Before Curtis Lu Left Time Warner, Curtis Lu Called Iviewit Founder Eliot Bernstein. How Much Risk Does Harbinger Capital Partners Investors Now Have ?

LightSquared now has Massive Liability in Curtis Lu as their General Counsel.

The Investors of Harbinger Capital Partners Will Pay the Price.

Do your Homework - it's YOUR Money ~ It's Your Life.

Curtis Lu Time Warner (NYSE: TWX) Contacts Eliot Bernstein April 15, 2010, after OVER a Decade in which Time Warner NEW of the Iviewit Technologies Massive Liability to the Time Warner Inc. and Related Companies.

Time Warner used this Technology and Continues
to VIOLATE Signed Agreements to This Day.

Time Warner has Violated Licensing Agreements with Iviewit Tech., and Violated NBA agreements. Curtis Lu - Time Warner IGNORES Massive Shareholder FRAUD then Conveniently Leaves Time Warner for the Harbinger Capital Partners - Philip Falcone investment of LightSquared.

Marc Garber of Flaster Greenberg and Eliot Bernstein of Iviewit Technologies Speaks with Curtis Lu of Time Warner Inc. About the RISK and Liability that Time Warner Faces over the Massive Fraud of the Stolen Iviewit Technology.

Curtis LU admitted he was familiar with the situation, and KNOWS all the Details and Liabilites and FAILED to Warn the Time Warner Board, Time Warner Shareholders.

"April 15, 2010 call prior to filing formal SEC Complaint and giving Time Warner a last chance to pay the true and proper inventor of Digital Imaging and Video Scaling Inventions and avoid further actions. "

After all is Said and Done, Curtis Lu Time Warner Inc. General Counsel - Now the General Counsel at Harbinger Capital Partners - Lightsquared.. well at the end Curtis Lu says he is Going to Go Back to His "Client" and Get THEIR "Reaction"

Well you Sure Gotta wonder what the Clients Reaction Was - I Mean that Next Month Curtis Luwent to some Convention where he talked about future issues and potential problems with Intellectual Property Rights - what a Joke that was.. and a few months later Curtis Lu, Time Warner Inc. Leaves Time Warner to be the General Counsel of Harbinger Capital Partners -Philip Falcone Multi-Billion Dollar Investment of a Company Called "Lightsquared" - which seems to think they will take over as the Leading Wireless, Internet Company in a couple of short years.

Ok so did Jeffrey Bewkes FIRE Curtis Lu, Time Warner Inc. - or Did They Cut a Deal where Curtis Lu would Leave with benefits and a good record? Did Jeff Bewkes WARN the Board of Directors at Time Warner Inc. or the Shareholders of Time Warner Inc. ?

WHO Did "Curtis Lu" - General Council of Time Warner actual "Get Back To?" and what did THEY really say to Curtis Lu, Time Warner Inc. General Counsel.

Curtis Lu is Involved in the SEC Complaint and Suit and will CERTAINLY call Eliot.. well Curtis Lu never did get back to Eliot. So What REALLY Happened?

Eliot Gave Time Warner, Curtis Lu Very Good Options and Well Curtis Lu was either FIRED or Simply Left Time Warner Inc. Right After This. Why? What is the REAL truth of Curtis Lu Leaving Time Warner for Philip Falcone - Harbinger Capital Partners, Star Investment LightSquared?

How Much Risk Does Harbinger Capital Partners Investors Now Have ?

Why is the NEW Time Warner General Counsel Paul T. Cappuccio IGNORING this Massive Shareholder Fraud and Failing to Disclose this Multi-Trillion Dollar Liability?

Well this is Massive Fraud and it is Easily PROVEN though Mary L. Schapiro the Chairman of the U.S. Securities and Exchange Commission seems to so far Ignore over 1200 documents and 10 years of proof, it is still proven and the Shareholders of Time Warner Inc., AOL, Warner Bros., Sony, Intel Corp., Lockheed Martin, IBM, and Many more will pay Trillions.. oh WEll Right .. Jeffrey Bewkes and Mary Schapiro and all the Others at the Top will not pay,odds are they have already hid their assets, I mean they have known this was coming for a VERY long time and STILL they sit on it. .the MOTIVE?

TO make sure they get THEIRS before the Investors / Shareholders take the inevitable financial hit that they will indeed take. .

So what did Jeffrey Bewkes, Chairman and Chief Executive Officer really have to say about the now famed call from Time Warner Inc. - General Counsel Curtis Lu to Eliot Bernstein Iviewit Founder and One of the Inventors of the Mult-Trillion Dollar Iviewit Technology that Time Warner has made Billions on Top of Billions on and all the while knowing they had STOLEN the Technology and Violated SIGNED agreements with Iviewit. Where is Jeffrey Bewkes, Chairman and Chief Executive Officer on this?

"Jeff Bewkes is Chairman and CEO of Time Warner Inc. He was elected Chairman of the Board of Directors in January 2009, having served on the Board since January 2007. He was elected CEO of the Company in January 2008. "

Jeff Bewkes KNOWS of Massive Fraud and Neglects to TELL the Time Warner Board. Jeff Bewkes is GUILTY of Massive Shareholder Fraud and WILL BE indicted. This is Criminal, this is Immoral and Folks.. there is over 1200 Documents of Proof on top of other massive information. This is Fact, Jeff Bewkes Time Warner KNOWS it and DOES nothing to Warner you THE board, the investors of Time Warner Inc. - Why?






Part 1 - Curtis Lu for Time Warner Inc.






Part 2 Curtis Lu - Time Warner General Counsel






Part 3 - Curtis Lu - Time Warner General Council FAILS
to Disclose Massive Shareholder Liability.

So Curtis Lu, Ask Yourself, How Much "Risk" - Liability did you Bring to Philip Falcone and to LightSquare which is raking in billions of investors money to be the NEW "internet network" that takes over all others.

Yet Curtis Lu is their General Council and is named in a Federal RICO Lawsuit and an SEC Complaint and KNOWS of a Mult-Trillion Dollar Shareholder Fraud involving his Former Employer Time Warner Inc. - Well Curtis Lu, Lightsqared General Counsel is Sure in Deep on this.

Time Warner Massive Liability - There is Proof that Time Warner Inc. was Infringing on this Technology, tons of the proof, and Yet Time Warner Inc. DOES not have This Liability Reported on the Books, WHY?

"We Should Have Been Disclosing?" - Curtis Lu asks.. GEE .. umm.. hmm..

"So Uh, are we.. uh is Time Warner a Defendent in all this? "

Time Warner Inc. has a Massive Undisclosed Liability...

So What Does the Time Warner Inc. Board have to Say about all this?

Jeffrey L. Bewkes
Chairman and Chief Executive Officer, Time Warner Inc.

James L. Barksdale
Chairman and President, Barksdale Management Corporation

William P. Barr
Former Attorney General of the United States

Stephen F. Bollenbach
Former Co-Chairman and Chief Executive Officer, Hilton Hotels Corporation

Frank J. Caufield
Co-Founder and Partner, Kleiner Perkins Caufield & Byers

Robert C. Clark
Distinguished Service Professor, Harvard University

Mathias Döpfner
Chairman, Chief Executive Officer, Axel Springer AG

Jessica P. Einhorn
Dean, Paul H. Nitze School of Advanced International Studies (SAIS), Johns Hopkins University

Fred Hassan
Former Chairman and Chief Executive Officer, Schering-Plough Corporation

Michael A. Miles
Special Limited Partner, Forstmann Little & Company

Kenneth J. Novack
Senior Counsel, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, PC

Deborah C. Wright
Chairman, President and Chief Executive Officer, Carver Bancorp, Inc.


What Do the Senior Corporate Executives at Time Warner Have to Say?

Jeffrey L. Bewkes
Chairman and Chief Executive Officer

Paul T. Cappuccio
Executive Vice President and General Counsel

Patricia Fili-Krushel
Executive Vice President, Administration

Gary L. Ginsberg
Executive Vice President, Corporate Marketing and Communications

John K. Martin
Executive Vice President and Chief Financial Officer

Carol A. Melton
Executive Vice President, Global Public Policy

Olaf Olafsson
Executive Vice President

Connected Time Warner Inc. Companies

Global Media Group, HBO - Home Box Office, Warner Bros. Entertainment,Time Inc., Turner Broadcasting System, AOL - ALL Liable for this Multi-Trillion Dollar Stolen Technology.


More Links to the Iviewit Stolen Technology Story

http://www.iViewit.tv/

http://www.DeniedPatent.com/

http://www.JeffreyBewkes.com/

http://www.ceopaulotellini.com/

http://www.brucesewell.com/


Originally Posted at

Thursday, February 3, 2011

First at AOL then at Time Warner - Intellectual Property, Anti-Trust, Ethics ????

", Curtis was the Senior Vice President, Deputy General Counsel, and Chief Ethics and Compliance Officer for Time Warner.

There, he was responsible for overseeing legal support for intellectual property, antitrust, and communications regulatory issues, as well as Time Warner’s ethics and compliance program.


Prior to his joining Time Warner, Curtis served as Senior Vice President and Principal Deputy General Counsel for Fannie Mae from 2006 to 2009.

From 2002 to 2006, Curtis was Senior Vice President and Deputy General Counsel for America Online, Inc. (AOL). At AOL, Curtis was responsible for overseeing legal support for financial reporting, consumer marketing, corporate compliance, public policy, litigation, and regulatory compliance.

Curtis began his legal career at the law firm of Latham & Watkins, where he was a litigation partner. He served as a law clerk to Judge Thomas Clark of the United States Court of Appeals for the Eleventh Circuit and a Teaching Fellow at Stanford Law School. He received a B.A. from the University of Virginia and a J.D. from Harvard Law School. He currently serves on the Board of Directors of the Asian Pacific American Legal Resource Center and the Council for Court Excellence."

Source
http://www.lightsquared.com/about-us/management-team/

First at AOL then at Time Warner - Curtis Lu Has Been a part of Covering Up the iViewit Stolen Technology for a Very Long Time. There were SIGNED agreements, Ignored and Curtis Lu did NOT Disclose to Shareholders. Let's Not Forget the Fannie Mae Connection ?

More On Time Warner Inc.'s Massive Shareholder Fraud over the Iviewit Technology and the Eliot Bernstein SEC Complaint at JeffreyBewkes.com

Crystal@CrystalCox.com

Sunday, January 23, 2011

SkyTerra Communications, Lightsquared, Philip Falcone

"INTRODUCING LIGHTSQUARED:
REVOLUTIONIZING THE U.S. WIRELESS INDUSTRY NEWS HIGHLIGHTS:

 Nokia Siemens Networks signs an 8-year agreement worth $7 billion to deploy, install, operate, and maintain LightSquared network

 First-ever wholesale nationwide 4G-LTE wireless broadband network integrated with satellite coverage allows partners to offer terrestrial-only, satellite-only, or integrated satellite-terrestrial services to their end users

 Telecommunications luminary Sanjiv Ahuja becomes Chairman and CEO, joined by a seasoned management team

 First truly open and net neutral wireless network spurring the development of new wireless devices, applications, and services

 Unique wholesale-only business model avoids conflict of interest with customers

 LightSquared is announcing up to $1.75 billion in additional debt and equity financing

 LightSquared network build-out anticipated to generate more than 100,000 direct and indirect private sector jobs within five years

NEW YORK, N.Y., July 20, 2010 – Today marks the launch of LightSquared™, a new nationwide 4G-LTE wireless broadband network integrated with satellite coverage that will revolutionize communications in the United States.

As the nation’s first wholesale-only integrated wireless broadband and satellite network,
LightSquared will provide wireless broadband capacity to a diverse group of customers, including retailers; wireline and wireless communication service providers; cable operators; device manufacturers; web players; content providers; and many others.

The LightSquared Network will allow these partners to offer satellite-only, terrestrial-only, or integrated satellite-terrestrial services to their end users.

This wholesaleonly business model ensures LightSquared has no conflict of interest with its customers. LightSquared seeks to transform the wireless broadband industry to one that fosters innovation, creativity, and freedom of choice via the first truly open and net neutral wireless network.

The driving force behind LightSquared is Philip Falcone, founder and chief executive officer of Harbinger Capital Partners, who foresaw the explosive demand for wireless broadband connectivity generated by new devices and the mobile Internet.

To meet this demand and make his plan a reality, Falcone made several investments through the Harbinger funds, including the acquisition of SkyTerra Communications, Inc., now part of LightSquared.

Falcone said, ―The launch of LightSquared marks a significant milestone in the industry and for Harbinger.

With a strong management team and a world-class partner to build and manage the network, the business is well positioned to capitalize on key trends; demand for wireless broadband is growing at a rapid pace and there is an increasing need for additional network capacity and reach.

Importantly, LightSquared will also make a significant contribution to U.S. job growth and the economy.

Falcone has partnered with telecommunications visionary Sanjiv Ahuja, who will lead the LightSquared team as chairman and chief executive officer.

Ahuja brings a successful track record to the new company and will lead the development and nationwide rollout of its network.

Ahuja was chief executive officer of the global telecom giant Orange Group from 2004 through 2007, during which Orange’s customer base grew from 48 million to more than 100 million subscribers globally.

―LightSquared will be a disruptive force in the U.S. wireless landscape by democratizing wireless broadband services, said Ahuja. ―We’re not only delivering exciting opportunities for manufacturers and retailers, but also real change for consumers, dealers, and service providers. We’re providing everyone, including underserved communities, with a fast, reliable experience regardless of where they are located in the United States.

This network will return our country to its rightful position as a leader in wireless broadband technology and solidify its reputation as the center of global innovation.

Partner Selected to Manage Network Deployment Nokia Siemens Networks, a leading supplier of telecommunications equipment and services, has signed an 8-year agreement with LightSquared, subject to final approval by both the Nokia Siemens Networks and the LightSquared boards.

The agreement represents more than $7 billion over 8 years, and includes network design, equipment manufacturing and installation, and network operations and maintenance.

The nationwide LightSquared network, consisting of approximately 40,000 cellular base stations, will cover 92 percent of the U.S. population by 2015.

Nokia Siemens Networks is proud to have been selected for the largest-ever outsourced deployment of a wireless network in the United States,‖ said Rajeev Suri, chief executive officer of Nokia Siemens Networks.

―Our organization is prepared and ready to harness our global expertise to enable LightSquared to meet its aggressive rollout schedule.

Spectrum Assets and Financing

LightSquared controls valuable high quality spectrum assets of 59 Mhz of nationwide spectrum in an advantageous frequency position.

In addition to the $2.9 billion of assets already contributed by Harbinger Capital Partnersand affiliates, LightSquared is announcing additional debt and equity financing of up to $1.75 billion.
Management Team Joining Ahuja on the LightSquared management team are several telecommunications industry veterans.

Frank Boulben joins as LightSquared’s chief marketing officer and will oversee strategy, marketing, and partner development.

Frank Boulbenwas previously group commercial director at Vodafone and group chief marketing officer at Orange. Frank Boulben also served on the Board of the GSMAfrom 2004 to 2006 and was chairman of the Board Strategy Committee.


Drew Caplan, formerly SkyTerra’s chief network officer, will continue to serve in this capacity for LightSquared.

A 25-year veteran of the telecommunications industry, Caplan founded and led Nextel Communications’ national engineering organization, where he was responsible for development, engineering, planning, and deployment of new technologies, products, and services.

Jeff Carlisle , who previously served as vice president of Regulatory Affairs for SkyTerra, is responsible for all domestic and international regulatory and policy matters including those at the Federal Communications Commission (FCC), Congress, the Executive Branch, the ITU, and in foreign markets.

With official appointment set to commence in fall of 2010, LightSquared’s executive management team will also include Martin Harriman as executive vice president of Ecosystem Development and Satellite Business. Harriman will oversee satellite engineering, devices, chipset development, service applications, and partner solutions.

Harriman has previously served in senior management positions with Ericsson and was the chief marketing officer of Marconi. Since the first quarter of 2010, Harriman has been acting as an advisor to Harbinger Global Wireless.

Steve Olive will serve as the chief administrative officer and will be responsible for LightSquared’s human resources, procurement, facility management, and internal communications functions. Steve Olivepreviously served in senior executive positions withFrance Telecom and for Orange.

Since the first quarter of 2010, Steve Olivehas been acting as an advisor to Harbinger Global Wireless. Steve Olive's appointment is also slated to begin in fall of 2010.

Doug Smith will serve as senior vice president, Engineering and Operations for LightSquaredand will be responsible for the company’s network design, deployment, and operations.

Before joining LightSquared, Smith was senior vice president, Engineering and Operations forClearwire and has also held senior technical and operations positions at Sprint Nextel and Nextel.

Jeff Snyder will serve as LightSquared’s senior vice president, Satellite Engineering and Operations.

Snyder, who previously served as group vice president, Satellite Engineering and Operations for SkyTerra Communications, will be responsible for the management of the procurement, construction, launch, testing, and operation of LightSquared ’s next generation satellite network and spacecraft.

He previously served as senior vice president for Space and Ground Systems at XM Satellite Radio and prior to that as vice president of Space Systems for Worldspace Corporation.

Dion Oglesby will serve as interim chief financial officer for LightSquared. Dion Oglesby has more than 15 years of experience in restructuring, investment banking, and lending, including as vice president in the High Yield Capital Markets Group of Credit Suisse First Boston.

Impact on Economy and Society

The LightSquared network build-out is anticipated to generate more than 100,000 direct and indirect private sector jobs over the next five years through the build-out, administration, and utilization of the network.

As stated in the FCC’s National Broadband Plan, ―Broadband can and must serve as a foundation for long-term economic growth, ongoing investment, and enduring job creation.‖ The LightSquared network will demonstrate the reality of that policy goal.

Building on SkyTerra’s record of public safety services support, LightSquared will continue developing reliable and affordable solutions using its integrated 4G-LTE Satellite Network.

―LightSquared will help solve some of the communications and public safety issues we’ve seen during recent national disasters, as well as provide connectivity in rural markets where there is currently no reliable wireless communication,‖ said Ahuja. ―By using satellite coverage, we can ensure constant connectivity, even if the terrestrial network is not available.

About LightSquared

LightSquared’s mission is to revolutionize the U.S. wireless industry. Through the creation of the first-ever wholesale-only nationwide 4G-LTE network complemented by satellite coverage, LightSquared offers people the speed, value, and reliability of universal broadband connectivity, wherever they are in the United States.

Through its wholesale-only business model, those without their own wireless network or who have limited geographic coverage or spectrum can develop and sell their own devices, applications, and services using LightSquared’s open 4G network—at a competitive cost and without retail competition from LightSquared. "

Source