" It is possible that that portion of the complaint — which appears to contain a detailed account of Pompliano’s brief tenure at Snapchat — could become public.”
Sounds like a thinly veiled threat to strongarm Snapchat into a quick $ettlement.
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A threat by whom? The American legal system?
The sentence before the one you quoted explained the straightforward legal process by which unredaction may be authorized. A judge decides if this is officially released. Not the plaintiff.
It doesn't make it to the judge if it settles quickly.
I guess by that definition, literally all legal processes in US civil court are "thinly veiled threats".
Which might be a fair perspective, but I think OP should point that perspective out ahead of time in the future. Maybe by instead writing something like this: "Like every engagement with the legal system, this sounds like a thinly veiled threat..."
Being explicit makes clear that one thinks that it isn't anything specific to the case that makes it a threat - it's just the fact that the legal system has been invoked.