District Court, S.D. New York, 2025

IN RE DIDI GLOBAL INC. SECURITIES LITIGATION

IN RE DIDI GLOBAL INC. SECURITIES LITIGATION
District Court, S.D. New York · Decided March 25, 2025
IN RE DIDI GLOBAL INC. SECURITIES LITIGATION

Trial Court Opinion

= eae Sera ee ae ae lll ee eee ae eee ee Le ae eee ,VouC SDNY | DOCUMENT March 20, 2025 vee te i) ELECTRONICALLY FILED MIAECE DOC#: The Honorable Lewis A. Kaplan —_—_———_ United States District Judge DATE FILED; 29525 _ Southern District of New York eae ———————————} Pearl Street, New York, NY 10007 Re: In re DiDi Global Inc. Securities Litigation, No. 1:21-cv-05807-LAK: DiDi Global Inc.’s Motion to Seal Dear Judge Kaplan: Pursuant to this Court’s Standing Order, 19-mc-00583, Your Honor’s Individual Rules of Practice, and the Confidentiality Stipulation and Protective Order (ECF No. 190) (“Protective Order”), Defendant DiDi Global Inc. (“DiDi’”) respectfully requests permission to file its Response (“Response”) to Plaintiffs’ Reply in further support of its Motion to Compel Responses to Interrogatories (ECF No. 331-1) and an exhibit attached thereto under seal.

I. Standard Any sealing of a court filing must be narrowly tailored to serve whatever purpose justifies the sealing and must be otherwise consistent with the presumption in favor of public access to judicial documents. See, e.g., Lugosch v. Pyramid Co. of Onondaga, 435 F.3d 110, 119-20 (2d Cir. 2006), Although the parties’ consent or the existence of a confidentiality agreement between litigants is not, by itself, always a valid basis to permit sealing, there are circumstances in which a party’s interest in maintaining confidentiality outweighs sucha presumption. See, e.g., Jn re Gen. Motors LLC Ignition Switch Litig., 2015 WL 4750774, at *4 (S.D.N.Y. Aug. 11, 2015).

In particular, a party’s interest in preserving sensitive business operations is an example of the type of confidential information that merits sealing. See, e.g., In re Parmalat Sec. Litig., 258 F.R.D. 236, 244 (S.D.N.Y. 2009) (“Notwithstanding the presumption of public access to judicial records, courts may deny access to records that are ‘sources of business information that might harm a litigant’s competitive standing.’” (quoting Nixon v. Warner Comme’ns, Inc., 435 U.S. 589, 598 (1978)); Apple Inc. v. Samsung Elecs. Co., 727 F.3d 1214, 1225-26 (Fed. Cir. 2013) (concluding that district court abused its discretion by denying request to seal confidential financial information). “{D]ocuments may be sealed if specific, on the record findings are made demonstrating that closure is essential to preserve higher values and is narrowly tailored to serve that interest.” Lugosch, 435 F.3d 120; see, e.g., Fairstein v. Netflix, Inc., 2023 WL 6164293, at *4 (S.D.N.Y. Sept. 21, 2023) (granting request to seal “proprietary and confidential materials about business operations”); see also Kewazinga Corp. v. Microsoft Corp., 2021 WL 1222122, at *7 (S.D.N.Y. Mar. 31, 2021) (granting in part motion to seal confidential technical information to extent the proposed redactions were narrowly tailored), To this end, courts grant motions to seal documents that implicate “personal privacy interests, public safety, the preservation of attorney-client privilege, and the protection of competitively sensitive business information.” Jn re Lifetrade Litig., 2023 WL 6211958, at *2 □□ SU UIJRERED x —) Ee en ee ES ee ee ee ell eee ee eel eee (S.D.N.Y. Sept. 25, 2023); see also Royal Park Invs. SA/NV v. Wells Fargo Bank, N.A., 2018 WL 739580, at *19 (S.D.N.Y. Jan. 10, 2018) (finding as sufficient to defeat presumption favoring disclosure those documents that “contain proprietary, competitively sensitive business information or are related to internal procedures, the disclosure of which would put [the moving party] at a competitive disadvantage.”); Standard Inv. Chartered, Inc. v. Fin. Indus. Regulatory Auth., Ind., 347 F. App’x 615, 617 (2d Cir. 2009) (summary order) (upholding ruling that party’s “interest in protecting confidential business information outweighs the qualified First Amendment presumption of public access”).

Courts also permit sealing where, as here, the documents at issue implicate international comity concerns. See In re Terrorist Attacks on September 11, 2001, 2019 WL 3296959, at *5 (S.D.N.Y. July 22, 2019) (finding international comity justified sealing of documents related to Saudi officials); see also Omari v. Ras Al Khaimah Free Trade Zone Auth., 2017 WL 3896399, at *14 (S.D.N.Y. Aug 18, 2017) (sealing report containing “highly sensitive, traditionally nonpublic... information... of a foreign government” (internal quotation marks omitted)); Straus v. Credit Lyonnais, 8.A., 2011 WL 4736359, at *5-6 (E.D.N.Y. Oct. 6, 2011) (sealing documents prohibited from disclosure by French law).

Il. Materials to be Sealed DiDi’s Response and the exhibit attached thereto contain commercially sensitive and confidential information about its business and operations, as well as sensitive information pertaining to PRC regulatory and governmental matters, which has been properly designated as confidential pursuant to the Protective Order. Any disclosure of these documents may violate principles of international comity and may cause harm to DiDi. The Response includes reference to documents filed under seal, ECF No. 331-1, and the Court has already sealed portions of the exhibit, see ECF No. 328.

Accordingly, DiDi respectfully requests the Court grant its request to file its Response under seal. DiDi’s request is narrowly tailored to protect its interests and the interests of third parties and will not significantly impair the public’s right of access to judicial documents or the Court’s ability to publicly adjudicate the Motion.

2, ee rp, ee Se pe ee ee a ee ee ae ee ee a ee. lene Respectfully submitted, /s/ Corey Worcester Corey Worcester Renita Sharma Sam Cleveland QUINN EMANUEL URQUHART & SULLIVAN, LLP Fifth Avenue New York, New York 10016 Tel: (212) 849-7000 Fax: (212) 849-7100 [email protected] [email protected] [email protected] Scott Musoff Robert Fumerton Michael Griffin SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP One Manhattan West New York, New York 10001 Tel: (212) 735-3902 Fax: (212) 777-3902 [email protected] robert. [email protected] michael. [email protected] Counsel for Defendant DiDi Global Inc. ce: All counsel of record via ECF

Case-law data current through December 31, 2025. Source: CourtListener bulk data.