RESOLUTION:
1) Stop Foglight
2) Go to < Foglight Home Directory>/config/ directory
3) Edit foglight.config file
4) Find Foglight.http.port="8080";
5) Modify the port: Foglight.http.port="<new port #>";
6) Save the changes to the foglight.config file and exit
7) Login to the Foglight Management Console and enter the new port #