ALLAN J AREFA GREGORY □ LAUFER 285 AVENUE OF THE AMERICAS UNIT 5201, FORTUNE FINANCIAL CENTER YORK, NEW YORK 10019-6064 5 DONGSANHUAN ZHONGLU ROBERT AL ATKINS MIAOYU GREG LIU CHAOYANG DISTRICT, BEIJING 100020, CHINA □□□ oka □□□ (212) 373-3000 TELEPHONE (86-10) 5828-6300 J. STEVEN BAUGHMAN JEFFREY D. MARELL LYNN B. BAYARD MARCO V. MASOTTI K. GARRISON (1946-1991) CRAIG A. BENSON DAVID W. MAYO E, PAUL (1946-1956) Boiies Seot--Seee Sats BRUCE SIRENBOIM SEAN □□ MCLOUGHLIN, H. RIFKIND (1950-1995) 36/F, GLOUCESTER TOWER Be BOEHNING □□ □□□□ S. WEISS (1927-1950) □□ eee ANGELO BONVINO CLAUDINE MEREDITH-GOU F. WHARTON (1927-1977) 15 QUEEN’S ROAD, CENTRAL Re Seon □□ □□□□ □□□ HERING WALTER BROWN**+ CATHERINE NYARADY TELEPHONE (852) 2846-0300 SUSANNA M. BUERGEL JANE B. O’BRIEN JESSICA S. CAREY BRAD R. OKUN GEOFFREY CHEPIGA ANDREW □□□ PARLEN ALDER CASTLE ELLEN N. CHING DANIELLE C. PENHALL toNomLE aTameT HILAR A, GiAnEMAN paHCREr DIRECT DIAL NUMBER LONDON EC2V 7JU, UNITED KINGDOM YAHONNES CLEARY AUSTIN □□□□□□□□ TELEPHONE (44 20) 7367 1600 JAY COHEN VALERIE E. RADWANER KELLEY A. CORNISH JEFFREY J. RECHER (212) 373-3215 THOMAS V DELABASTIDE I © LORIN'L, REISNER FUKOKU SEIMEI! BUILDING MEREDITH DEARBORN*+ JEANNIE S. RHEE* rian Pee UeHISAIWAICHO.2 COME RAREN LDUNN. RICHARD A. □□□□□ CHIYODA-KU, TOKYO 100-0011, JAPAN ALICE BELISLE EATON ANDREW N. ROSENBERG (212) 492-0215 TELEPHONE (81-3) 3597-8101 GREGORY A. EZRING. JACQUELINE © RUBIN ROSS A. FIELDSTON CHARLES F. “RICK” RULE* ANDREW C. FINCH RAPHAEL M. RUSSO DIRECT E-MAIL ADDRESS TORONTO-DOMINION CENTRE BRAD J. FINKELSTEIN ELIZABETH M. SACKSTEDE Iclayton@paulwe' 77 KING STREET WEST, SUITE 3100 BBIANLETINMESAN SETEREY B. □□□□□ Cc ayton paulweiss.com PO. BOX 226 PETER E. FISCH KENNETH M. SCHNEIDER TELEPHONE (416) 504-0520 HARRIS B. FREIDUS KYLE T. SEIFRIED USDC SDNY manuer'seRey SONNE mn 2001 K STREET, NW ANDREW L. GAINES AUDRA J. SOLOWAY DOCUMENT WASHINGTON, DC 20006-1087 iad Se MAN SanAn □□□□□□ TELEPHONE (202) 223-7300 ADAM M. GIVERTZ TARUN M. STEWART ELECTRONICALLY FILED SALVATORE GOGLIORMELLA ERIC ALAN STONE NEIL GOLDMAN AIDAN SYNNOTT □□□ AvERUE □□□ ROBERTO S GONZALEZ" RIGHARD □□□□□□□□ DOCH: POST OFFICE BOX 32 CATHERINE L. GOODALL DAVID TARR PILED: September 23.2021 WILMINGTON, DE 19699-0032 ee ee noes □□□□□ DATE FILED: S TELEPHONE (302) 655-4410 BRIAN _S. GRIEVE LAURA C. TURANO UDI GROFMAN CONRAD VAN LOGGERENB! NICHOLAS GROOMBRIDGE KRISHNA VEERARAGHAVAD MELINDA HAAG. Liza M. VELAZQUEZ September 22, 2021 ALAN S. HALPERIN MICHAEL VOGEL CLAUDIA HAMMERMAN RAMY J. WAHBEH BRIAN S. HERMANN JOHN WEBER JOSHUA HILL LAWRENCE G. WEE MICHELE HIRSHMAN THEODORE V. WELLS,JR JARRETT R. HOFFMAN LINDSEY L. WIERSMA ROBERT E. HOLO STEVEN J. WILLIAMS DAVID S. HUNTINGTON LAWRENCE |. WITDORCHIC AMRAN HUSSEIN AUSTIN WITT LORETTA A. IPPOLITO MARK B. WLAZLO WILLIAM A. ISAACSON* ADAM WOLLSTEIN JAREN JANGHORBANI JULIA TARVER MASON □□□ BRIAN M. JANSON JENNIFER H. WU VIA ECF JEH C. JOHNSON BETTY YAP* □□□□□□□□□□□□□□□□□□□□□□□□□□□□□□ BRAD S. KARP JORDAN E. YARETT PATRICK N. KARSNITZ KAYE N. YOSHINO JOHN C. KENNEDY TONG YU BRIAN KIM TRACEY A. ZACCONE The Honorable Andrew L. Carter Jr. RLEWA D|KORBERG T ROBERT ZOCHOWSKI, JR . . . ALAN W. KORNBERG United States District Judge . *NOT ADMITTED TO THE NEW YORK BAR Thurgood Marshall United States Courthouse ‘ADMITTED ONLY TO THE CALIFORNIA BAR 40 Foley Square New York, NY 10007 Re: = DST Systems, Inc., et al. v. Ruane, Cunniff & Goldfarb Inc., et al., 20-CV-09472 S APPR AS. PA ee He Mei a ee HMDORS it th . ita te a BoE i aN Dear Judge Carter: BVI? COLE We represent the DST Plaintiffs in this action. Pursuant to Your Honor’s Individual Practices, we write to request permission to file the U.S. Department of Labor letter to Ruane, Cunniff & Goldfarb, Inc. dated August 13, 2018 (“Exhibit A”), in support of our letter opposing the Ruane Defendants’ request for a pre-motion conference in connection with their anticipated motion to dismiss (the “Response”), under seal and to maintain under seal certain redacted portions of the Response. The DST Plaintiffs request that Exhibit A be filed under seal as it was confidentially produced to the DST Plaintiffs pursuant to the protective order entered in Ferguson v. Ruane Cunniff & Goldfarb Inc., No. 17-CV-06685 (ALC) (BCM) (S.D.N.Y.), ECF No. 119. Out of an abundance of caution, the DST Plaintiffs request that the letter be filed under seal in order to protect those confidentiality interests.

PAUL, WEIOo, RIFRINIT, WARIS @& □□□ RIOWIN LL

The Honorable Andrew L. Carter Jr.

While a presumption of public access applies to judicial documents, i.e., documents relevant to the performance of the judicial function and useful in the judicial process, the weight of the presumption is “governed by the role of the material at issue” and the resulting value of such information to the public. See Lugosch v. Pyramid Co. of Onondaga,

(2d Cir. 2006); United States v. Amodeo,

(2d Cir. 1995). Courts also must balance against the weight of the presumption any countervailing factors, such as “the privacy interests of those resisting disclosure’— including “the degree to which the subject matter is traditionally considered private rather than public”’—and the “nature and degree of injury” resulting from disclosure. See Lugosch,

; United States v. Amodeo,

(2d Cir. 1995).

Respectfully submitted, /s/ Lewis R. Clayton Lewis R. Clayton

ce: All Counsel of Record (by ECF Filing)

Hoi ANTE, CARTER aR UNITED STATES DISTRICT JUDGE September 23, 2021