Iowa Public Employees' Retirement System v. Bank of America Corporation

Opinion

CRAVATH, SWAINE & MOORE LL eee LUN WORLDWIDE PLAZA HN W. WHITE GEORGE E. ZOBITZ DAVID J. PERKINS EVAN MEHRAN NORRIS R. CHESLER GEORGE A. STEPHANAKIS 825 EIGHTH Av ENUE J. LEONARD TETI, II LAUREN M, ROSENBER L. GORDON DARIN P. MCATEE D. SCOTT BENNETT MICHAEL L. ARNOLD BERT H. BARON GARY A. BORNSTEIN New Yo RK, NY 1OOIS -7475 TING S. CHEN HEATHER A. BENJAMIN VID MERCADO TIMOTHY G. CAMERON CHRISTOPHER K. FARGO MATTHEW J. BOBBY RISTINE A. VARNEY KARIN A. DEMASI TELEPHONE: +1-212-474-!1000 DAVID M. STUART DANIEL J. CERQUEIRA T. BARBUR DAVID S. FINKELSTEIN AARON M. GRUBER ALEXANDRA C. DENNIN S, GOLDMAN RACHEL G. SKAISTIS FACSIMILE: +1-212-474-3700 ©. KEITH HALLAM, III HELAM GEBREMARIAM HALL PAUL H. ZUMBRO OMID H. NASAB MATTHEW G. JONES LIE A. NORTH ERIC W. HILFERS DAMARIS HERNANDEZ MATTHEW M. KELLY DREW W. NEEDHAM GEORGE F. SCHOEN CITYPOINT JONATHAN J. KATZ DAVID H. KORN L. BURNS ERIK R. TAVZEL ONE ROPEMAKER STREET DAVID L. PORTILLA BRITTANY L. □□□□□□□□ B. FORREST CRAIG F. ARCELLA LONDON EC2Y 9HR RORY A. LERARIS ANDREW M. WARK R. HUMMEL DAMIEN R. ZOUBEK TELEPHONE: +44-20-7453-1000 KARA L. MUNGOVAN VID J. KAPPOS LAUREN ANGELILLI FACSIMILE: +44-20-7860-1150 MARGARET T. SEGALL NIEL SLIFKIN TATIANA LAPUSHCHIK NICHOLAS A, DORSEY PARTNER EMERITUS |. TOWNSEND, III ALYSSA K. CAPLES ANDREW C. ELKEN ILIP JU. BOECKMAN JENNIFER S. CONWAY JENNY HOCHENBERG SAMUEL □□□□ □□□□□□ V. FOGG MINH VAN NGO : VANESSA A, LAVELY J. SAEED KEVIN J. ORSINI WRITER S DIRECT DIAL NUMBER G.J. LIGELIS JR. J. STARK MATTHEW MORREALE +1-212-474-1760 MICHAEL E. MARIANI OF COUNSEL OMAS E. DUNN JOHN D. BURETTA LAUREN R. KENNEDY MICHAEL L. SCHLER |. GREENE J. WESLEY EARNHARDT > SASHA ROSENTHAL-LARREA CHRISTOPHER J. KELL’ VID R. MARRIOTT YONATAN EVEN WRITER S EMAIL ADDRESS ALLISON M, WEIN KIMBERLEY S. DREXLEF A. PASKIN BENJAMIN GRUENSTEIN MPaskin @ cravath.com MICHAEL P. ADDIS NICOLE F. FOSTER DREW J. PITTS JOSEPH D. ZAVAGLIA JUSTIN C. CLARKE LILLIAN S. GROSSBARC T. REYNOLDS STEPHEN M. KESSING SHARONMOYEE GOSWAMI KIMBERLY A, GROUSSE TONY L. RYAN LAUREN A. MOSKOWITZ Cc. DANIEL HAAREN ANDREI HARASYMIAK August 10, 2021 Towa Pub. Emps.’ Ret. Sys. et al. v. Bank of Am. Corp. et al., No. 17-cv-6221 (KPF) Dear Judge Failla: Defendants respectfully request leave to file in redacted form and under seal, pursuant to paragraph 9(c)(ii) of this Court’s Individual Rules of Practice, Defendants’ letter in opposition to Plaintiffs’ August 6, 2021 letter motion (Dkt. 446) and related exhibits. Plaintiffs consented to file their letter motion under seal and to redact the names of the witnesses referenced therein in order to protect the privacy interest of those individuals. (Dkt. 445, 446.) Consistent with Lugosch v. Pyramid Co. of Onondaga, 435 F.3d 110, 119-20 (2d Cir. 2006) and its progeny, names and identifying information related to the declarants should be withheld to protect the declarants’ privacy. /d. (the court must “balance competing considerations against [the presumption of access]” including “the privacy interests of those resisting disclosure’). Defendants’ opposition letter and certain supporting materials quote from and refer to the substance of documents and data designated “Confidential” and “Highly Confidential” under the Parties’ January 2, 2019 Protective Order (Dkt. 150). Such materials include trade secrets, other confidential research, development or commercial information, and other private or competitively sensitive information, including personal data. In accordance with Section 9 of the Protective Order, which provides that for “papers containing or making reference to the substance of [“Confidential” or “Highly Confidential”] material or information, [a Party] shall request to file such documents or portions thereof containing or making reference to such material or information in redacted form or under seal”, Defendants request that the marked portions of Defendants’ letter in opposition and Exhibit G be filed in redacted form. Defendants also ask that Exhibits A-F be filed entirely under seal.

Respectfully, /s/ Michael A. Paskin Michael A. Paskin Attorney for Defendants Morgan Stanley & Co. LLC, Prime Dealer Services Corp., and Strategic Investments I, Inc. Honorable Katherine Polk Failla United States District Court Southern District of New York 40 Foley Square, Room 2103 New York, NY 10007 VIA ECF AND EMAIL

Application GRANTED. The portions of Defendants' submission regarding their opposition to Plaintiff's anticipated motion to compel specified for redaction may be filed under seal, viewable only to the parties and the Court. The Clerk of Court is directed to terminate the pending motion at docket entry 452. Date: August 11, 2021 SO ORDERED. New York, New York Kitherns ball Fruthd- HON. KATHERINE POLK FAILLA UNITED STATES DISTRICT JUDGE