Kreek v. Wells Fargo & Company et al

Filing 62

ORDER RE 59 ADMINISTRATIVE REQUEST TO FILE PORTIONS OF FIRST AMENDED COMPLAINT UNDER SEAL (whalc2, COURT STAFF) (Filed on 12/9/2008) Modified on 12/10/2008 (sis, COURT STAFF).

1 2 3 4 5 6 7 8 9 10 ARNOLD KREEK, individually and on behalf of all others similarly situated, Plaintiff, v. WELLS FARGO & COMPANY, WELLS FARGO FUNDS MANAGEMENT, LLC, WELLS FARGO FUNDS TRUST, WELLS FARGO DISTRIBUTORS, STEPHENS, INC., and WELLS FARGO BANK, N.A., Defendants. / No. C 08-01830 WHA IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA

United States District Court

11
For the Northern District of California

12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28

ORDER RE ADMINISTRATIVE REQUEST TO FILE PORTIONS OF FIRST AMENDED COMPLAINT UNDER SEAL

On November 26, 2008, lead plaintiffs filed an amended class action complaint and, pursuant to Civil Local Rule 79-5(d), an administrative motion to file certain portions of the amended complaint under seal. The sealing request is based on defendants' designation of documents referenced in the complaint as confidential pursuant to a stipulated protective order. Defendants filed a response declaration, as required by Civil Local Rule 79-5(d), stating that the designated material is sealable because it reveals confidential business information such as the identity of business partners, financial and strategic arrangements with those partners, confidential regulatory communications, and negotiations and pricing strategies that could harm defendants' competitive position if revealed.

1 2 3 4 5 6 7 8 9 10

Defendants' declaration establishes that the designated information is properly sealable as confidential business information. Therefore, the designated portions of the amended complaint shall be filed under seal.

Dated: December 8, 2008

WILLIAM ALSUP UNITED STATES DISTRICT JUDGE

United States District Court

11
For the Northern District of California

12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2