In Re: DirecTV Shareholder Litigation


11/25/09 – 11/25/09

Play button overlay
Play button overlay


Settlement hearing.

Via the Andrews Delaware Corporate Litigation Reporter: "The lead plaintiff, the Key West Police & Fire Pension Fund, says the deal will unfairly enrich Liberty Media Chairman John Malone, who also is a director at DirecTV.

Liberty Media announced May 3 that it plans to spin off subsidiary Liberty Entertainment Inc. and merge it with DirecTV in a stock transaction. Malone's company currently holds a 54 percent stake in DirecTV.

According to the terms of the deal, DirecTV stockholders will receive one share of single-vote DirecTV class A common stock for each of their shares. Malone and his associated trusts will receive class B common stock, which carries 15 votes each.


PM Session
Not in Session
0 Chapters

Recording Disclaimer: This proceeding was recorded in full.

Suggest a Trial

Want to see a trial that you don't see in our list of upcoming trials?

Suggest a Case

CVN Essentials

The most important and informative moments of each trial

CVN Essentials

Video Library

Unlimited access to thousands of hours of past coverage of high stakes civil litigation

Video Library

  • Follow Us
  • Contact Us
  • 4901 Olde Towne Parkway
  • Suite 100
  • Marietta, GA 30068
  • 877-838-9067
  • 404-935-0321

Copyright 2022 Courtroom Connect.