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SHENK v. KARMAZIN

Nos. 11 Civ. 2943 (JSR), 11 Civ. 3506 (JSR).

867 F.Supp.2d 379 (2011)

Robert Michael SHENK, derivatively on behalf of Sirius XM Radio Inc., Plaintiff, v. Melvin Alan KARMAZIN, Gary Parsons, Joan L. Amble, Leon D. Black, Eddy W. Hartenstein, James P. Holden, James F. Mooney, Jack Shaw, Gregory B. Maffei, John C. Malone, David J.A. Flowers, Carl E. Vogel and Vanessa Wittman, Defendants. Jeffrey Goe, derivatively on behalf of Sirius Xm Radio Inc., Plaintiff, v. Joan L. Amble, Leon D. Black, Eddy Hartenstein, James P. Holden, Mel Karmazin, Jack Shaw, Gregory B. Maffei, John C. Malone, David J.A. Flowers, Vanessa A. Wittman and Carl E. Vogel, Defendants.

United States District Court, S.D. New York.

October 28, 2011.

Attorney(s) appearing for the Case

Albert Morris Myers, III , Lewis Stephen Kahn , Melinda Ann Nicholson , Kahn Gauthier Swick, LLC, Madisonville, LA, for Plaintiff, Robert Michael Shenk, derivatively on behalf of Sirius XM Radio Inc.

Bruce Domenick Angiolillo , Jonathan K. Youngwood , Susannah Sidney Geltman , Simpson Thacher & Bartlett LLP, Robert C. Micheletto , Laura W. Sawyer , Nidhi Yadava , Todd R. Geremia , Jones Day, New York, NY, for Defendants, Melvin Alan Karmazin, Gary Parsons, Joan L. Amble, Leon D. Black, Eddy W. Hartenstein, James P. Holden, James F. Mooney, Jack Shaw, Gregory B. Maffei, John C. Malone, David J.A. Flowers, Carl E. Vogel and Vanessa Wittman.

Stephen Michael Sohmer , Sohmer & Stark, LLC, Bloomfield, NJ, Brian M. Felgoise , Felgoise Law Firm, Jenkintown, PA, for Plaintiff, Jeffrey Goe, derivatively on behalf of Sirius Xm Radio Inc.

Bruce Domenick Angiolillo , Jonathan K. Youngwood , Susannah Sidney Geltman , Simpson Thacher & Bartlett LLP, New York, NY, for Defendants, Joan L. Amble, Leon D. Black, Eddy Hartenstein, James P. Holden, Mel Karmazin, Jack Shaw, Gregory B. Maffei, John C. Malone, David J.A. Flowers, Vanessa A. Wittman and Carl E. Vogel.

MEMORANDUM ORDER

JED S. RAKOFF, District Judge.

In these two derivative actions on behalf of Sirius XM Radio, Inc. ("Sirius XM"), plaintiffs separately allege that the defendants, all of whom are either officers or directors at Sirius XM, committed certain transgressions while persuading regulators and shareholders to approve a merger between Sirius Satellite Radio, Inc. ("Sirius") and XM Satellite Radio Holdings, Inc. ("XM"), which the companies...

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