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In re SolarWinds Corporation Securities Litigation
Case Number:
1:21-cv-00138
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Bernstein Litowitz
- Duane Morris
- Edmundson Shelton
- King & Spalding
- Kirkland & Ellis
- Martin & Drought
- Ropes & Gray
- Willkie Farr
Companies
Sectors & Industries:
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July 31, 2023
Shareholders' Attys Get $6.4M After SolarWinds Breach Deal
Bernstein Litowitz Berger & Grossmann LLP and Martin & Drought PC will receive a fee of more than $6.4 million for representing investors in software company SolarWinds after brokering a $26 million deal to end claims the company misled shareholders about a 2020 cyberattack.
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June 26, 2023
SolarWinds Vows To Fight Charges In SEC Breach Probe
A legal battle may be brewing between SolarWinds Corp. and the U.S. Securities and Exchange Commission over the software giant's handling of a 2020 cyberattack that led to Russian spies breaching the networks of at least nine U.S. federal agencies.
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December 08, 2022
SolarWinds Investors Seek Initial OK Of $26M Breach Deal
SolarWinds shareholders asked a Texas federal judge on Thursday to approve a $26 million deal to end a putative class action over claims that the software firm misled investors about its digital defenses before it disclosed a massive cyberattack two years ago.
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November 03, 2022
SolarWinds Nears $26M Investor Deal As SEC Eyes Action
SolarWinds is nearing a $26 million deal to end a putative class action alleging shareholders were hurt after a massive cyberattack that's been blamed on the software company, but the U.S. Securities and Exchange Commission may be filing an enforcement action, the company told investors on Thursday.
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October 03, 2022
SolarWinds Investors Ask Judge To Grant Class Cert.
Investors in software company SolarWinds have asked an Austin federal judge to certify a proposed class of shareholders who were allegedly hurt after the company's "woefully deficient" cybersecurity practices were linked by officials to a massive cyberattack on the U.S. government.
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March 30, 2022
SolarWinds' Cyber 'Hygiene' Claims Keep Investor Suit Alive
A Texas federal court on Wednesday kept alive allegations from SolarWinds investors that the software firm misled them about its digital defenses before a massive cyberattack, citing a company executive's frequent touting of the business's security posture.
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October 04, 2021
Investors Say SolarWinds Was Warned Of Lax Cybersecurity
SolarWinds investors urged a Texas federal judge to keep their suit against the software company alive, citing how its internal cybersecurity expert had warned of "critical deficiencies" in its cybersecurity before a massive hack that impacted government agencies and private companies.
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August 03, 2021
SolarWinds Urges Toss Of Investor Suit Over Cyberattack
Software company SolarWinds Corp. on Monday asked a Texas federal court to nix a consolidated securities suit claiming that the company deceived investors about its vulnerability to cyberattacks ahead of a 2020 cybersecurity breach, arguing that it had never indicated that the company was "immune to cyberattacks."