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SHENK v. KARMAZIN

No. 11 Civ. 2943(JSR).

868 F.Supp.2d 299 (2012)

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. Hartsenstein, 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, and Sirius XM Radio Inc., Nominal Defendant.

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

June 25, 2012.

Attorney(s) appearing for the Case

Albert Morris Myers, III , Cecilia Emily Rutherford , Christopher W. Kaul , Lewis Stephen Kahn, Melinda Ann Nicholson , Kahn Gauthier Swick, LLC, Madisonville, LA, Andrew D. Abramowitz , Daniel J. Mirarchi , Robert Mark Roseman , Spector, Roseman & Kodroff Willis, P.C., Philadelphia, PA, for Plaintiff.

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, Thomas Demitrack , Jones Day North Point, Cleveland, OH, for Defendants and Nominal Defendant.

MEMORANDUM ORDER

JED S. RAKOFF, District Judge.

In this derivative action on behalf of Sirius XM Radio, Inc. ("Sirius XM"), plaintiff Robert Michael Shenk alleges 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")that closed on July...

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