PALEMPALLI v. PATSALOS-FOX

CourtDistrict Court, D. New Jersey
DecidedMay 4, 2023
Docket2:21-cv-12025
StatusUnknown

This text of PALEMPALLI v. PATSALOS-FOX (PALEMPALLI v. PATSALOS-FOX) is published on Counsel Stack Legal Research, covering District Court, D. New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
PALEMPALLI v. PATSALOS-FOX, (D.N.J. 2023).

Opinion

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF NEW JERSEY VISWANATHA PALEMPALLI, Derivatively on Behalf of COGNIZANT No. 2:21-cv-12025-KM-CLW TECHNOLOGY SOLUTIONS CORPORATION, Plaintiff, v. MICHAEL PATSALOS-FOX, et al., Defendants, and COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION, Nominal Defendant. ORDER GRANTING THE JOINT MOTION TO SEAL TRANSCRIPT PURSUANT TO LOCAL RULE 5.3 THISMATTERhavingbeenbroughtbeforetheCourtupontheJointMotion to Seal Pursuant to Local Rule 5.3 by Plaintiff Viswanatha Palempalli and Nominal Defendant Cognizant Technology Solutions Corporation (“Cognizant”); and the Motion being unopposed and consented to by Defendants Zein Abdalla, Maureen Breakiron-Evans, Francisco D’Souza, John N. Fox, Jr., Leo S. Mackay, Jr., Lakshmi Narayanan, Michael Patsalos-Fox, Robert E. Weissman, Thomas M. Wendel, John E. Klein,GordonJ.Coburn,KarenMcLoughlin,RajeevMehta, JonathanChadwick,

Ramakrishnan Chandrasekaran, and Steven E. Schwartz (collectively, the “Individual Defendants”); and the Court, having fully considered the Declaration of Charles A. Brownin Support of the Joint Motion to Seal Transcript Pursuant to Local Rule 5.3 (the “Brown Declaration”), and exhibits attached thereto, including the

Index in Support of the Joint Motion to Seal Transcript Pursuant to Local Rule 5.3, adopts the following Findings of Fact and Conclusions of Law: I. The Nature of the Materials at Issue

A. Findings of Fact 1. Plaintiff and Cognizant seek to permanently seal the transcript of proceedings held before Magistrate Judge Waldor in this matter on February 6, 2023 (the “February 6, 2023, Transcript”).

2. Local Civil Rule 5.3(c) requires the moving party or parties to describe with particularity: a. the nature of the materials at issue;

b. the legitimate private or public interests which warrant the relief sought; c. the clearly defined and serious injury that would result if the relief sought is not granted; d. why a less restrictive alternative to the relief sought is not available; e. any prior order sealing the same materials in the pending action; and f. the identity of any party or non-party known to be objecting to the sealing request. 3. On April 29, 2019, Plaintiff made a litigation demand (the “Palempalli Litigation Demand”) on Cognizant’s Board of Directors (the “Board”).

Two other alleged Cognizant shareholders previously made litigation demands on the Board (together with the Palempalli Litigation Demand, the “Litigation Demands”).

4. On October 14, 2021, the Court granted Plaintiff’s and Cognizant’s Joint Motion to Seal the Verified Stockholder Derivative Complaint. ECF No. 24. The Court found that the Verified Stockholder Derivative Complaint “quotes from or otherwise refers to and discloses non-public, confidential,

proprietary, or commercially sensitive information contained in (1) meeting minutes of the Board concerning the potential appointment of a committee tasked with investigating the Litigation Demands (the ‘Review Committee’); (2) meeting

minutes of the Board and a Review Committee where the Litigation Demands were discussed or evaluated; (3) a presentation from counsel to the Board concerning the Litigation Demands; (4) documents reviewed or relied upon by the Board or Review Committee concerning the Litigation Demands; and (5) engagement letters of

counsel retained by the Board or Review Committee concerning the Litigation Demands (the ‘Confidential Information’).” ECF No. 24 ¶ 4. The Court also found that there was good cause to grant the Joint Motion to Seal the Verified Stockholder Derivative Complaint because “Cognizant’s interests in its Confidential Information . . . outweigh the minimal, if any, public interest in its disclosure.” ECF No. 24 at 9.

5. On September 13, 2022, the Court granted Plaintiff’s and Cognizant’s Joint Motion to Seal Pursuant to Local Rule 5.3. ECF No. 55. The Court found that the Memorandum of Law in Support of Motion to Dismiss Verified

Stockholder Derivative Complaint (the “Motion to Dismiss”), the Declaration of Charles A. Brown in Support of the Motion to Dismiss and Exhibits D, E, and F thereto, Plaintiff’s Opposition to the Motion to Dismiss, the Declaration of Stephen J. Oddo in Support of Plaintiff’s Opposition to the Motion to Dismiss and Exhibits

B, C, D, E, and F thereto, and the Reply Memorandum of Law in Further Support of the Motion to Dismiss (the “Confidential Documents”) quoted from or otherwise referred to and disclosed Confidential Information. ECF No. 55 ¶ 4. The Court

found that there was good cause to grant the Joint Motion to Seal Pursuant to Local Rule 5.3, and seal the Confidential Documents, because “Cognizant’s interests in its Confidential Information . . . outweigh the minimal, if any, public interest in its disclosure.” ECF No. 55 at 10.

6. On November 30, 2022, the Court filed a redacted Opinion (the “Redacted Opinion”) that redacted the Confidential Information referenced therein. Specifically, the Court wrote that “[a]t pp. 7 and 8 of the unredacted opinion, I have

highlighted references to facts and contentions that remain sealed and nonpublic; I have filed a second redacted version of the opinion that omits those passages.” ECF No. 57 at 4 n.3.

7. The February 6, 2023, Transcript refers to and discloses the same non-public, confidential, proprietary, or commercially sensitive Confidential Information that the Court ordered sealed in the Order granting the Joint Motion to

Seal the Verified Stockholder Derivative Complaint and the Order granting the Joint Motion to Seal Pursuant to Local Rule 5.3 and that the Court redacted in the Redacted Opinion. B. Conclusions of Law

8. Although common law recognizes a public right of access to judicial proceedings and records, Goldstein v. Forbes (In re Cendant Corp.), 260 F.3d 183, 192 (3d Cir. 2001), courts have discretion to seal documents when good

cause has been shown for keeping information in those documents confidential. The party seeking to seal any part of a judicial record bears the burden of demonstrating that “the material is the kind of information that courts will protect.” Miller v. Indiana Hosp., 16 F.3d 549, 551 (3d Cir. 1994) (quoting Publicker Indus., Inc. v.

Cohen, 733 F.2d 1059, 1071 (3d Cir. 1983)). 9. This Court has the power to seal where confidential information may be disclosed to the public. Fed. R. Civ. P. 26(c)(1)(G) allows the court to protect

materials containing “non-public internal business information” upon motion by a party, to prevent harm to a litigant’s competitive standing in the marketplace. See City of Roseville Emps.’ Ret. Sys. v. Crain, No. 11-CV-2919 JLL JAD, 2013 WL

4509970, at *1 (D.N.J. Aug. 22, 2013). II. The Legitimate Private or Public Interest That Warrants the Relief Sought

A. Findings of Fact

10. As the Court has previously recognized, Cognizant has a substantial and legitimate private interest in the Confidential Information, and Cognizant is careful to take steps to protect against its public disclosure. The Confidential Information includes or reflects information that was provided confidentially to the Board or Review Committee, and is not information that Cognizant shares publicly. Specifically, the Confidential Information includes confidential board minutes and board materials created in connection with the Board’s and Review Committee’s investigation of the Litigation Demands and reflects the private deliberations of the Board and Review Committee regarding that

investigation. 11.

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