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 April 10, 2025
IN RE DIDI GLOBAL INC. SECURITIES LITIGATION

Trial Court Opinion

The Rosen Law Firm INVESTOR COUNSEL April 9, 2025 The Honorable Valerie Figueredo United States District Court, Southern District of New York Pearl Street New York, NY 10007 Re: Inre DiDi Global Inc. Secs. Litig.. No. 1:21-cv-05807 Dear Judge Figueredo: We represent Lead Plaintiff Alaka Holdings Ltd., and named plaintiffs Shereen El-Nahas, Daniil Alimov, Bosco Wang, and Njal Larson (collectively, “Plaintiffs”), in the above-referenced matter. Pursuant to the Confidentiality Stipulation and Protective Order, entered on May 22, 2024 (ECF 190), SDNY Local ECF Rule 6.8, and Your Honor’s Individual Practices in Civil Cases, we write to request permission to: (1) file Plaintiffs’ Reply in Further Support of Motion for Class Certification with redactions; (2) file under seal the supporting Declaration of Dr. Rajesh Aggarwal (“Aggarwal Decl.”); (3) file under seal three of the exhibits attached to the supporting Declaration of Laurence M. Rosen (“Rosen Decl.”); and (4) file the Rosen Decl. with redactions.

First, Plaintiffs informed counsel for Defendant Goldman Sachs (“GS”) that Plaintiffs intend to file materials obtained in discovery that GS has designated “ATTORNEYS’ EYES ONLY” under the Protective Order and reference those materials in their brief. Absent a consent of the designating party or a contrary Order from this Court, the Protective Order requires Plaintiffs to file the above-referenced documents under seal. ECF 190, at §14 (“Absent the consent of the producing party under this Section or order of the Court, the receiving party shall file the Confidential or Attorney’s Eyes Only Information under seal.”) GS has designated the materials at issue “ATTORNEYS’ EYES ONLY” pursuant to the Protective Order. GS requested that Plaintiffs file these materials, and references thereto, under seal. These materials are attached as Exhibits 1 and 2 to the Rosen Decl. and referenced in the Rosen Decl., the Aggarwal Decl. and the body of the brief.

Second, Plaintiffs request that excerpts of the deposition of Lead Plaintiff Alaka Holdings Ltd., attached as Exhibit 4 to the Rosen Decl., be filed under seal, and that excerpts quoted in the brief be publicly redacted. Lead Plaintiff has designated the transcript as confidential pursuant to of the Protective Order.

Plaintiffs are publicly filing a redacted version of their Reply in Further Support of Motion for Class Certification with placeholder exhibits and electronically filing under seal a copy of the THE ROSEN LAW FIRM, P.A. ¢ 275 MADISON AVENUE, 40™ FLOOR ¢ NEW York, NY 10016 ¢ TEL: (212) 686-1060 ¢ Fax: (212) 202 - 3827 Reply with unredacted exhibits. The Appendix below lists the parties and their counsel of record who should have access to the sealed documents.

Dated: April 9, 2025 Respectfully submitted, /s/ Laurence Rosen Laurence Rosen cc: All counsel of record via ECF \ | HON. VALERIE FIGUEREDO UNITED STATES MAGISTRATE JUDGE Dated: 4/10/2025 The motion to seal will be resolved with the motion for class certification. Plaintiff is directed to make a showing to permanently seal the documents under Lugosch v. Pyramid Co. of Onondaga, 435 F.3d 110 (2d Cir. 2006) by May 1, 2025.

Defendants Defendants Goldman Sachs (Asia) L.L.C., Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, BofA Securities Inc., Barclays Capital Inc., Citigroup Global Markets Inc., China Renaissance Securities (US) Inc., HSBC Securities (USA) Inc., UBS Securities LLC, and Mizuho Securities USA LLC O’MELVENY & MYERS LLP Jonathan Rosenberg Abby F. Rudzin Defendant DiDi Global Inc. SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP Michael Charles Griffin Robert Alexander Fumerton Scott D. Musoff QUINN EMANUEL URQUHART & SULLIVAN LLP Renita Sharma Richard Corey Worcester Defendants Will Wei Cheng, Alan Yue Zhuo, Jean Qing Liu, Jingshi Zhu, and Adria Perica QUINN EMANUEL URQUHART & SULLIVAN LLP Renita Sharma Richard Corey Worcester Defendant Zhiyi Chen WILSON SONSINI GOODRICH & ROSATI, P.C.

Sheryl Shapiro Bassin Alexander Luhring Ignacio E. Salceda Defendant Martin Chi Ping Lau GIBSON, DUNN & CRUTCHER LLP Matthew Stewart Khan Kevin James White BLANK ROME LLP Andrew Mitchell Kaufman Emily Grasso SULLIVAN AND CROMWELL Jefferey T. Scott QUINN EMANUEL URQUHART & SULLIVAN LLP Renita Sharma Richard Corey Worcester Defendant Daniel Yong Zhang SIMPSON THACHER & BARTLETT LLP Bo Bryan Jin Stephen Patrick Blake QUINN EMANUEL URQUHART & SULLIVANT LLP Renita Sharma Richard Corey Worcester AKIN GUMP STRAUSS HAUER & FELD LLP Ziwei Xiao Plaintiffs THE ROSEN LAW FIRM, P.A.

Laurence M. Rosen Phillip Kim Jing Chen Daniel Tyre-Karp Robin Howald Yitzchok Fishbach Brent LaPointe GLANCY PRONGAY & MURRAY LLP Kara Wolke Leanne Heine Solish

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