Kirby McInerney LLP | Financial Litigation Law Firm | <b ><span >SolarWinds Corporation</span ></b >
This links to the home page
Cases
PRACTICE AREAS

SolarWinds Corporation


The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Western District of Texas on behalf of those who acquired SolarWinds Corporation (“SolarWinds” or the “Company”) (NYSE: SWI) securities during the period from February 24, 2020 through December 15, 2020, inclusive (the “Class Period”). Investors have until March 5, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

The complaint alleges that throughout the class period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) since mid-2020, SolarWinds Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; (2) SolarWinds’ update server had an easily accessible password of “solarwinds123”; (3) consequently, SolarWinds’ customers, including, among others, the Federal Government, Microsoft, Cisco, and Nvidia, would be vulnerable to hacks; (4) as a result, the Company would suffer significant reputational harm; and (5) as a result, Defendants’ statements about SolarWinds’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
 
If you purchased or otherwise acquired SolarWinds securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at investigations@kmllp.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.
 

SolarWinds Corporation Investor Contact Form