Securities and Exchange Commission v. Criterion Wealth Management Insurance Services, Inc.

UNITED STATES DISTRICT COURT

CENTRAL DISTRICT OF CALIFORNIA

SECURITIES AND EXCHANGE Case No. 2:20-cv-01402-ODW- COMMISSION, (JEMx) 11 Plaintiff, STIPULATED PROTECTIVE ORDER vs.

CRITERION WEALTH

MANAGEMENT INSURANCE SERVICES, INC., et al. 15 Defendants. 16 17 1. PURPOSES AND LIMITATIONS Defendants believe that discovery in this action is likely to involve production of confidential, proprietary, or private information for which special protection from public disclosure and from use for any purpose other than prosecuting this litigation may be warranted. Specifically, Defendants believe that certain information obtained or which Defendants seek to obtain from one or more third parties may warrant the protections set forth in this Order. Plaintiff Securities and Exchange Commission (“SEC”) takes the position that when considering whether good cause for a protective order under Rule 26(c) exists, courts must weigh the presumption of openness of litigation materials against the asserted right of confidentiality. …