Hedgeye Risk Management, LLC v. Dale
- Andrew Carter
- 1:21-cv-03687
- U.S. District Court · Southern District of New York
- 2
In Hedgeye Risk Management v. Dale, Hedgeye asked to seal trade-secret information, but the text does not state Judge Carter’s disposition.
Hedgeye Risk Management, LLC, Darius Dale, and the public’s access to the identified court filing.
What happened
Hedgeye Risk Management, LLC v. Dale concerns Hedgeye’s request to file a declaration under seal. Hedgeye said the declaration described its confidential information and trade-secret models.
Hedgeye argued that public disclosure could reveal how its data and formulas work, harm its competitive position, and cause irreparable harm. It attached a redacted version of the declaration for public filing.
The document is addressed to Judge Andrew L. Carter Jr. and bears his signature and the date May 3, 2021, but the text provided does not expressly say whether Judge Carter granted or denied the sealing request.
The detailed version
- Hedgeye Risk Management, LLC v. Dale · No. 1:21-cv-03687
- Andrew Carter
- May 3, 2021
Background
Hedgeye Risk Management, LLC’s counsel submitted a letter requesting that the April 30, 2021 declaration of Daryl Jones be filed under seal. The declaration supported Hedgeye’s motion seeking a finding that Darius Dale was in contempt of the Court’s temporary restraining order.
Basis for the Request
Hedgeye represented that the declaration contained a detailed analysis of its trade secrets and confidential information. According to Hedgeye, the declaration described the data and formulas underlying its proprietary models and explained how those models worked. Hedgeye argued that this information was itself a trade secret, that its systems retained value through secrecy, and that public disclosure would cause irreparable harm.
Hedgeye identified portions of the declaration to be sealed and attached a redacted version for filing. The letter cited decisions discussing the sealing of documents containing confidential or alleged trade-secret information.
Court Action
The document is addressed to and signed by Judge Andrew L. Carter Jr. on May 3, 2021. The text provided does not expressly state whether Judge Carter granted or denied Hedgeye’s request to seal the declaration. Accordingly, the specific disposition cannot be determined from this text alone.
Read the full 2-page opinion on CourtListener, the free public archive maintained by the Free Law Project.