This official website is maintained by the Settlement Administrator under the supervision of Lead Counsel in the Action entitled Fishel v. Liberty Media Corporation, et al., C.A. No. 2021-0820-KSJM- pending in the Court of Chancery of the State of Delaware.
The information contained on this website is only a summary of the information presented in more detail in the Notice of Pendency and Proposed Settlement of
Stockholder Class and Derivative Action, Settlement Hearing, and Right to Appear (the “Notice”). Because this website is just a summary,
you should review the
Notice
for additional details.
This website relates to stockholder class and derivative action (the “Action”) brought in the Court of Chancery of the State of Delaware (the “Court”).
Plaintiff Vladimir Fishel (“Plaintiff”), derivatively on behalf of Sirius XM Holdings Inc. (“Sirius XM” or the “Company”) and directly on behalf of himself and the other members of the Settlement Class (as defined below); nominal defendant Sirius XM; defendant Liberty Media Corporation (“Liberty Media”); and defendants Gregory B. Maffei, James E. Meyer, Jennifer Witz, Evan D. Malone, David A. Blau, Robin P. Hickenlooper, Michael Rapino, David Zaslav, Jonelle Procope, Kristina M. Salen, and Carl E. Vogel (the “Director Defendants,” and together with Sirius XM and Liberty Media, “Defendants”) (Plaintiff and Defendants, together, the “Parties”) have reached a settlement of the Action for $36,000,000.00 (United States Dollars) in cash (the “Settlement”).
On April 8, 2024, the Court held a hearing to consider final approval of the Settlement and related matters. Following the hearing, the Court entered an Order and Final Judgment finally approving the Settlement, approving the Plan of Allocation for the proceeds of the Settlement, and awarding attorney’s fees and litigation expenses. If you are a member of the Settlement Class, you are subject to the Settlement. The non-opt-out Settlement Class certified by the Court consists of:
All holders of Sirius XM common stock as of the close of trading on January 5, 2024 (the “Settlement Date”), excluding any persons who held Sirius XM common stock as of the close of trading on the Settlement Date and were: (i) Defendants; (ii) directors and Section 16 Officers of Liberty Media and Sirius XM on the Settlement Date; (iii) subsidiaries of Sirius XM or Liberty Media; (iv) an entity in which any of the foregoing had, as of the Settlement Date, a controlling interest; (v) any trusts, estates, entities, or accounts that held shares of Sirius XM common stock for the benefit of any of the foregoing; and (vi) the legal representatives, heirs, successors in interest, successors and assigns of the foregoing.
Please be patient. It will take some time to conduct the Settlement distribution.
This website relates to stockholder class and derivative action (the “Action”) brought in the Court of Chancery of the State of Delaware (the “Court”).
Plaintiff Vladimir Fishel (“Plaintiff”), derivatively on behalf of Sirius XM Holdings Inc. (“Sirius XM” or the “Company”) and directly on behalf of himself and the other members of the Settlement Class (as defined below); nominal defendant Sirius XM; defendant Liberty Media Corporation (“Liberty Media”); and defendants Gregory B. Maffei, James E. Meyer, Jennifer Witz, Evan D. Malone, David A. Blau, Robin P. Hickenlooper, Michael Rapino, David Zaslav, Jonelle Procope, Kristina M. Salen, and Carl E. Vogel (the “Director Defendants,” and together with Sirius XM and Liberty Media, “Defendants”) (Plaintiff and Defendants, together, the “Parties”) have reached a settlement of the Action for $36,000,000.00 (United States Dollars) in cash (the “Settlement”).
On April 8, 2024, the Court held a hearing to consider final approval of the Settlement and related matters. Following the hearing, the Court entered an Order and Final Judgment finally approving the Settlement, approving the Plan of Allocation for the proceeds of the Settlement, and awarding attorney’s fees and litigation expenses. If you are a member of the Settlement Class, you are subject to the Settlement. The non-opt-out Settlement Class certified by the Court consists of:
All holders of Sirius XM common stock as of the close of trading on January 5, 2024 (the “Settlement Date”), excluding any persons who held Sirius XM common stock as of the close of trading on the Settlement Date and were: (i) Defendants; (ii) directors and Section 16 Officers of Liberty Media and Sirius XM on the Settlement Date; (iii) subsidiaries of Sirius XM or Liberty Media; (iv) an entity in which any of the foregoing had, as of the Settlement Date, a controlling interest; (v) any trusts, estates, entities, or accounts that held shares of Sirius XM common stock for the benefit of any of the foregoing; and (vi) the legal representatives, heirs, successors in interest, successors and assigns of the foregoing.
Please be patient. It will take some time to conduct the Settlement distribution.