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2nd Circuit Won't Reconsider Sirius XM Settlement Of Class Suit Over Merger

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NEW YORK - The Second Circuit U.S. Court of Appeals on March 5 denied objectors' petitions for panel rehearing and rehearing en banc of the court's Dec. 20 order upholding the approval of a settlement of a class suit accusing Sirius XM Radio Inc. of various violations in connection with the 2008 merger of the only two providers of satellite radio, XM and Sirius (Carl Blessing, et al. v. Sirius XM Radio Inc., Nos. 11-3696, 11-3729, 11-3834, 11-3883, 11-3908, 11-3910, 11-3916, 11-3965, 11-3970...(read more)

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