U.S. Securities and Exchange Commission v. Crowd Machine, Inc.

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UNITED STATES DISTRICT COURT

7 NORTHERN DISTRICT OF CALIFORNIA

OAKLAND DIVISION

8 U.S. SECURITIES AND EXCHANGE Case No.: 4:22-cv-00076-HSG 9 COMMISSION, Hon. Haywood S. Gilliam, Jr, 10 Plaintiff,

ORDER GRANTING

11 DEFENDANTS’ ADMINISTRATIVE v.

MOTION TO FILE DOCUMENTS

12 UNDER SEAL

CROWD MACHINE, INC., METAVINE, INC,

13 and CRAIG DEREL SPROULE, 14 Defendants, 15 16 and 17 METAVINE PTY. LTD., 18 Relief Defendant, 19 20 21 22 23 24 25 26 27 28 1 ORDER 2 The Court, having considered Defendant’s Administrative Motion to File Documents 3 Under Seal, and the Declaration of Anne Osborne in support thereof, HEREBY ORDERS 4 THAT: 5 1. The Court finds there are compelling reasons sufficient to overcome the 6 presumption in favor of granting public access to the documents below. “Courts have found that 7 ‘confidential business information’ in the form of … ‘financial terms … and business strategies’ 8 satisfies the ‘compelling reasons’ standard.” Baird v. BlackRock Inst. Trust. Co., N.A.,…