Edmar Financial Company, LLC et al v. Currenex, Inc. et al
- Lewis Kaplan
- 1:21-cv-06598
- U.S. District Court · Southern District of New York
- 7
Edmar Financial v. Currenex: Judge Kaplan’s materials show defendants requesting sealed filings, but no ruling appears.
The State Street Defendants seek to keep portions of plaintiffs’ class-certification materials from public disclosure, citing confidential business, audit, customer, pricing, and platform-operation information. The provided text does not show how the request affected the plaintiffs or the public because no court ruling is included.
What happened
In Edmar Financial Company, LLC et al v. Currenex, Inc. et al, the State Street Defendants submitted a letter asking that certain exhibits and parts of plaintiffs’ class-certification memorandum remain sealed.
The defendants said the materials contain confidential audit information, customer information, pricing information, and sensitive details about the Currenex Platform’s operation and business strategies. They requested that some exhibits be sealed completely and others be redacted.
The letter is addressed to Judge Lewis A. Kaplan, but the provided text contains no order granting or denying the request. It therefore shows only the defendants’ sealing request, not the court’s decision.
The detailed version
- Edmar Financial Company, LLC et al v. Currenex, Inc. et al · No. 1:21-cv-06598
- Lewis Kaplan
- Dec. 3, 2025
What the filing is
The provided text is a letter motion from defendants Currenex, Inc., State Street Bank and Trust Company, and State Street Global Markets International Limited, collectively called the State Street Defendants. The letter asks the court to keep certain exhibits attached to plaintiffs’ motion for class certification under seal, either entirely or in part, and to keep sealed portions of plaintiffs’ supporting memorandum that reveal the contents of those exhibits.
The letter invokes Federal Rule of Civil Procedure 5.2(d), the court’s confidentiality order, and a November 13, 2025 sealing order concerning class-certification materials. The letter states that the exhibits and memorandum were provisionally filed under seal.
Reasons given for sealing
The State Street Defendants argue that the requested material contains several kinds of commercially sensitive information:
- Internal audit procedures, areas of focus, and findings, which they say could help others evade current or future audits or obtain nonpublic information about State Street’s operations. - Stream identification numbers associated with participants on the Currenex Platform, which they say could reveal otherwise anonymous customers and harm customer trust, business, or reputation. - Commission rates paid by platform participants, which they describe as confidential pricing information. - Technical information about the Currenex Platform’s design, operation, interface, monitoring, compliance policies, and specific streams, as well as business strategies and policies.
The letter also states that disclosure of technical and security-related information could harm Currenex’s competitive position and create vulnerabilities affecting the platform and its clients.
Requested treatment of exhibits
The appendix identifies exhibits that the defendants ask the court to seal completely and exhibits they ask the court to redact. The requests cover, among other things, expert reports, deposition excerpts, internal documents, audit materials, pricing information, customer information, and documents concerning the Currenex Platform. The defendants specifically request partial sealing or redaction for certain listed exhibits, including Exhibits 1, 2, 8, 29, and 41, while requesting complete sealing for many others.
Disposition
No judicial ruling appears in the provided text. The text is the defendants’ request and does not state that Judge Lewis A. Kaplan granted, denied, or otherwise resolved the motion. Accordingly, the disposition of the sealing request cannot be determined from this material.
Read the full 7-page opinion on CourtListener, the free public archive maintained by the Free Law Project.