Houston Municipal Employees Pension System v. BofI Holding, Inc.

Good Law
United States District Court, Southern District of CaliforniaDecember 20, 20213:15-cv-02324California574 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 10 In re B of I HOLDING, INC. Case No.: 15-cv-2324-GPC-KSC

SECURITIES LITIGATION

ORDER GRANTING MOTION TO

SEAL

14 [Doc. No. 303] 15 The parties have recently filed two joint discovery motions related to defendants’ assertion of the bank examination privilege on behalf of the Office of the Comptroller of the Currency. See Doc. Nos. 300, 301. The parties also jointly move to seal one exhibit referenced in those motions, and the portions of the motions that quote from or reveal the exhibit’s content (the “Motion to Seal”). See Doc. No. 303. For the reasons set forth below, the Court GRANTS the Motion to Seal. The right of the public “‘to inspect and copy … judicial records and documents’” is well established. Kamakana v. City & Cty. of Honolulu, 447 F.3d 1172, 1178 (9th Cir. 2006) (citing Nixon v. Warner Commc’ns, Inc., 435 U.S. 589, 597 (1978)). The Court starts with “a ‘strong presumption in favor of access,’” which the party seeking sealing “bears…

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