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 July 29, 2025
IN RE DIDI GLOBAL INC. SECURITIES LITIGATION

Trial Court Opinion

Wase Lat-Cv-Uo00 f-LAK-VE VOCUMENL FEO UslizoasiZzo rage 1 Cio The Rosen Law Firm INVESTOR COUNSEL July 25, 2025 : USDC SDNY DOCUMENT BY ECF Lernotcaus □□ The Honorable Lewis A. Kaplan | DOC Ft U.S. District Court, Southern District of New York | DATE FILED: □□□□□□□□ Pearl Street □□ □□□□□□□□□□□□□□□□□□□□□□□□□□ New York, New York 10007 Re: Inre Didi Global Inc. Securities Litigation, Case No, 1:21-cv-05807 Motion to Seal Brief in Support of Motion to Compel DiDi’s Production of Documents Dear Judge Kaplan: 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 Filing Practices, we write to request permission to file under seal Plaintiffs’ Memorandum of Law in Support of Motion to Compel DiDi’s Production of Documents, the Declaration of Laurence Rosen, and the exhibits thereto, Absent consent of the designating party or a contrary Order from this Court, the Confidentiality Stipulation and Protective Order requires Plaintiffs to file the above-referenced document under seal pursuant to DiDi’s designation. ECF 190, at [14 (“Absent the consent of the producing party under this Section or order of the Court, the receiving party shali file the Confidential or Attorney’s Eyes Only Information under seal.”) DiDi has designated the materials at issue “CONFIDENTIAL” or ‘ATTORNEYS’ EYES ONLY” pursuant to the Confidentiality Stipulation and Protective Order. Plaintiffs do not concede the propriety of maintaining this material under seal and note that “[t]he burden of demonstrating that a document submitted to a court should be sealed rests on the party seeking such action, in this case [dJefendants.” DiRussa v. Dean Winter Reynolds Inc., 121 F.3d 818, 826 (2d Cir. 1997). There is a presumption favoring access to judicial records, but “the decision as to access is best left to the sound discretion of the trial court, a discretion to be exercised in light of the relevant facts and circumstances of the particular case.” Nixon v. Warner Communications, 435 U.S. 389, 599, 98 S, Ct. 1306, 1312, 55 L.Ed.2 570 (1978). The public interest (and thus, the presumption of access) may be weaker in connection with documents exchanged in discovery than those attached to or referenced in public filings. See United States v. Amodeo, 7\ F.3d 1044, 1048-49 (2nd Cir. 1995) (measuring weight of _ presumption of access by “role of material at issue in the exercise of Article ITI judicial power”); see also Chicago Tribune Co. v. Bridgestone/Firestone, Inc., 263 F.3d 1304, 1312 (11th Cir. 2001) (stating that the rule that “material filed with discovery motions is not subject to the common-law right of access, whereas discovery material filed in connection with pretrial motions that require judicial resolution of the merits is subject to the common-law right.”). However, the determination as to whether to seal remains with the Court; the agreement of the parties, is irrelevant to the 1 .

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Case 1i41-CV-050U f-LAK-VE LOCUMEeAL 4 ff FEO Uflicgolco rage <Ol1o propriety of granting a motion to seal. See Brown vy. Advantage Eng’g, Inc., 960 F.2d 1013, 1016 (11th Cir, 1992) (stating it is “immaterial” whether the parties have agreed to seal the record when determining whether a document should be publicly filed).

While Plaintiffs do not concede (or agree) that DiDi has established a basis to designate these materials as Confidential or Attorneys’ Eyes Only—let alone to support sealing of judicial records—we submit this Motion, to the Court’s sound discretion, in accordance with the {14 of the Confidentiality Stipulation and Protective Order.

The Appendix below lists the parties and their counsel of record who should have access to the sealed documents.

Respectfully Submitted, /s/ Laurence Rosen Laurence Rosen ce: Alf counsel of record via ECF soonfenes WF LEWIS A. KAPLAN, USDJ , 91/94, Toceocen! auwFien PA a2°7R Mancow AVENE 40°F one «New York NY 1hi6 6 Te (719. RAG 160 so Paw (719) □□□ □□□□□

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