Mark Lebovitch Discusses Liberty Media/Sirius XM Shareholder Lawsuit on Market Playground Radio
September 3, 2013
BLB&G partner Mark Lebovitch was a guest on top internet radio business show “Market Playground Radio” on Tuesday, September 03, 2013 at 8pm.
Mr. Lebovitch is the lead attorney representing a class of Sirius XM Radio Inc. (NASDAQ:SIRI) investors, along with a public pension fund client, against Liberty Media Corporation (NASDAQ:LMCA), its billionaire Chairman John Malone and other members of Sirius XM Radio’s Board of Directors. He will discuss the lawsuit which alleges that Malone and Liberty Media used a 2009 minority investment agreement in Sirius XM Radio to improperly take control of the company in January 2013 without paying a takeover premium or allowing investors to vote on the deal.
The program is available for archival listening via the link or iTunes:
Mr. Lebovitch is primarily responsible for the firm's corporate governance litigation practice, focusing on derivative suits and transactional litigation. He has prosecuted numerous high-profile cases on behalf of institutional investors to preliminary injunctions and to trial, obtaining billions of dollars for investors and achieving unprecedented corporate governance improvements. Mr. Lebovitch also prosecutes securities litigations, and in that capacity was the lead litigation attorney in In re Merrill Lynch Bondholders Litigation, which settled for $150 million, and is a member of the team prosecuting In re Bank of America Securities Litigation, which has settled for $2.425 billion to shareholders. In recognition for his many achievements, Mr. Lebovitch was named one of Lawdragon’s “500 Leading Lawyers in America.”