Cases

Sirius XM Radio Inc.

G&E was appointed as co-lead counsel to represent a class of customers in a case alleging that Sirius XM Radio Inc. deceptively increased prices in breach of its subscribers’ contracts.  The class, which was made up of some 15 million subscribers, claimed that the company broke antitrust laws by raising prices shortly after the 2008 merger between Sirius Satellite Radio and XM Satellite Radio, and that Sirius XM Satellite Radio improperly increased monthly charges for satellite radio by nearly 30%. In a major victory for consumers, on the verge of trial in May 2011, Sirius XM settled with the plaintiffs and agreed to not raise prices for the remainder of 2011, a benefit valued at $180 million to subscribers.

Company
Sirius XM Radio Inc.
Case Name
Blessing v. Sirius XM Radio, Inc.
Recovery Amount
Valued at $180 Million
Court
Southern District of New York

Copyright © 2020 Grant & Eisenhofer P.A. All Rights Reserved.