IN RE DIDI GLOBAL INC. SECURITIES LITIGATION

Background

Plaintiffs, represented by counsel, requested permission to file portions of their reply supporting class certification with redactions and to file certain supporting materials under seal. The requested materials included a declaration of Dr. Rajesh Aggarwal, three exhibits to the declaration of Laurence M. Rosen, a redacted version of the Rosen declaration, and related portions of the reply brief.

Plaintiffs explained that Goldman Sachs had designated discovery materials as restricted for attorneys’ eyes only under the protective order. Those materials were attached as Exhibits 1 and 2 to the Rosen declaration and were referenced in the declarations and brief. Plaintiffs also sought to seal excerpts from the deposition of Lead Plaintiff Alaka Holdings Ltd. and to redact quotations from those excerpts in the publicly filed brief. Plaintiffs stated that Alaka Holdings had designated the deposition transcript as confidential under the protective order.

Court’s Action

Magistrate Judge Valerie Figueredo ordered that the motion to seal would be resolved together with the motion for class certification. The court directed Plaintiffs to make a showing for permanently sealing the documents under Lugosch v. Pyramid Co. of Onondaga by May 1, 2025. The opinion text does not state a final ruling granting or denying permanent sealing.

Effect

The order concerns the public availability of materials filed in connection with the class-certification motion. It affects Plaintiffs’ proposed redactions and sealed filings and the parties and counsel identified as having access to the sealed documents. It does not decide the class-certification motion or the underlying securities litigation claims.