Edmar Financial Company, LLC et al v. Currenex, Inc. et al

VEG 1.214 □□□□□□□□□□□□□□□□□□□□□ UCUTTIOIN SU HEU IVI LO 60 AYO LOO CLEARY GOTTLIEB STEEN & HAMILTON LLP ~~ ——————— eo AMERICAS: { One Liberty Plaza EUROPE & MIDDLE EAST SDNY New York, NY 10006-1470 ABU DHABI ree <iIMENT T: 41212 225 2000 □□□□ ¥ F: +1 212 225 3999 COLOGNE SILICOBVALLEY > cy : WASHINGTON, □□□ RONICALLY FILE ae clearygottlieb.com FRANKEURT asa □□□□□□ BAER FE i ) = 5° 2 MILAN FILED: 4 7 D: +1 212 225 2085 =e SEOUL ee [email protected] ROME BY ECF ee Honorable Lewis A. Kaplan (Ff United States District Judge SO ORD) FRED Southern District of New York Daniel Patrick Moynihan United States Courthouse Pearl Street LEWIS A. KAPLAN, USD Court Room 21B / ‘B (26 New York, New York 10007-1312 Re: Edmar Financial Company, LLC et al v. Currenex, Inc. et al, Case No. 21- cv-06598 (LAK) (S.D.N.Y.), Defendant Goldman Sachs & Co. LLC’s Motion to Seal Exhibits Cited in Plaintiffs’ Class Certification Papers Dear Judge Kaplan: On behalf of Defendant Goldman Sachs & Co. LLC (“Goldman”), and pursuant to the Stipulation and Order of Confidentiality so-ordered in this action on October 18, 2023 (ECF No. 113) and the Joint Stipulation and Order Regarding Class Certification Sealing and Page Limits (ECF No. 387), we respectfully request that seven documents attached as exhibits to Plaintiffs’ motion for class certification (ECF Nos. 389-91) (the “Motion”), and portions of the Motion reflecting information from those documents, remain under seal.

Specifically, Goldman requests that the following remain under seal: e Exhibit 17 to the Brockett Declaration (ECF 391-17 (Schonberg Transcript)); e Exhibit 18 to the Brockett Declaration (ECF 391-18 (GS-EDMAR-00920851)); e Exhibit 19 to the Brockett Declaration (ECF 391-19 (GS-EDMAR-00002650)); e Exhibit 28 to the Brocket Declaration (ECF 391-28 (GS-EDMAR-00336920)); e Exhibit 45 to the Brockett Declaration (ECF 391-45 (GS-EDMAR-00001574)); e Exhibit 46 to the Brockett Declaration (ECF 391-46 (GS-EDMAR-00827316)); e Exhibit 47 to the Brockett Declaration (ECF 391-47 (GS-EDMAR-00368325)).

It is clear from the face of each document that it contains commercially sensitive and/or proprietary information, including without limitation regarding trading strategies and information Cleary Gottlieb Steen & Hamilton LLP or an affiliated entity has an office in each of the locations listed above.

WVdot 1.421 °°UV LAINT TIVE MULUTIHICIN TUE Puiu L2iULIL9 Faye 2VuUiu Hon. Lewis A. Kaplan, p. 2 about the fees that Goldman paid for use of the Currenex platform. Specifically, Exhibits 18 and include pricing information and Exhibits 28, 45, 46 and 47 include information regarding Goldman’s trading and other business strategies. Exhibit 17 contains excerpts from a deposition transcript which reflect sensitive financial and proprietary information about Goldman’s trading strategies on different FX platforms and the commission rates that Goldman paid for use of the Currenex platform. As a result, each document was appropriately designated as “Highly Confidential” pursuant to the Court’s Protective Order and should be redacted because its disclosure could cause competitive harm to Goldman. Courts have recognized that documents that reflect “internal pricing strategies and competitive pricing data [are] sufficiently sensitive to warrant redaction” and routinely permit parties to seal documents like the ones at issue here. Jn re Digital Music Antitrust Litig., 321 F.R.D. 64, 82 n.1 (S.D.N.Y. 2017); see also In re B&C KB Holding GmbH, 2023 WL 2021299, at *1 (S.D.N.Y. Feb. 14, 2023) (courts “routinely permit parties to seal or redact commercially sensitive information in order to protect confidential business and financial information”).

For the same reasons articulated above, the Court has previously granted sealing requests with respect to Exhibit 18 (See ECF Nos. 170, 175, and 232), Exhibit 45 (See ECF Nos. 257, 273, and 344), and portions of the same transcript as Exhibit 17 (See ECF Nos. 295, 322, and 345).

For the reasons set forth above, the Court should order that the exhibits at issue and references to them in Plaintiffs’ Motion remain sealed.

WVdosl 1.44 □□□□□□□□□□□□□□□□□□□□□□□ WOULCUTTCIN SUE FIMO LIVI = Faye oO US Hon. Lewis A. Kaplan, p. 3 Dated: December 2, 2025 New York, New York Respectfully submitted, /s/ Rishi N. Zutshi Carmine D. Boccuzzi, Jr. ([email protected]) Rishi N. Zutshi ([email protected]) CLEARY GOTTLIEB STEEN & HAMILTON LLP One Liberty Plaza New York, New York 10006 T: 212-225-2000 F: 212-225-3999 Attorneys for Defendant Goldman Sachs & Co. LLC cc: Counsel of Record