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Securities and Exchange Commission v. SolarWinds Corp. et al

  1. February 20, 2024

    SEC Zeroes In On SolarWinds Exec In Revised Complaint

    The U.S. Securities and Exchange Commission has doubled down on its case accusing software provider SolarWinds Corp. of failing to warn the public about the cybersecurity vulnerabilities that gave rise to a 2020 hack, providing a New York federal court with more detail about the involvement of the company's chief information security officer in the alleged cover-up.

  2. February 05, 2024

    SEC's SolarWinds Suit May Chill Disclosures, Ex-Officials Say

    A group of 21 former government officials from both Democratic and Republican administrations has urged a New York federal court to consider the possible chilling effects of public-private information sharing on cyber incidents in the U.S. Securities and Exchange Commission's case against SolarWinds.

  3. February 02, 2024

    US Chamber Calls SEC SolarWinds Suit An FCPA 'Power Grab'

    The U.S. Chamber of Commerce on Friday urged a New York federal court to ax the U.S. Securities and Exchange Commission's suit against software provider SolarWinds Corp., saying the agency is using a provision of the Foreign Corrupt Practices Act as a power grab for broader corporate policing authority.

  4. January 26, 2024

    SolarWinds Says SEC Aims To 'Revictimize' It With Cyber Suit

    SolarWinds on Friday urged a New York federal judge to toss the U.S. Securities and Exchange Commission's lawsuit accusing the software provider of failing to tell investors about cybersecurity weaknesses prior to a Russian-linked data breach, saying the charges are "as unfounded as they are unprecedented."

  5. January 24, 2024

    SEC Says Law Firm Clients May Have Info For SolarWinds Suit

    The U.S. Securities and Exchange Commission told a New York federal judge it believes clients from more than a dozen law firms may have discoverable information in the regulator's ongoing suit against software provider SolarWinds Corp. and that five banks and financial firms may also have relevant information.

  6. January 01, 2024

    SEC Enforcement Cases To Watch In 2024

    The U.S. Securities and Exchange Commission's enforcement division is facing a number of decisive court battles this year, from an anticipated U.S. Supreme Court ruling that could severely limit its use of its in-house court system, to possible decisions in headline-grabbing litigation over cybersecurity breaches, cryptocurrency sales and insider trading. Here, Law360 breaks down the enforcement cases and controversies to watch in 2024. 

  7. December 14, 2023

    SolarWinds Tells Judge SEC Overstepped With Cyber Suit

    Counsel for software provider SolarWinds Corp. slammed the U.S. Securities and Exchange Commission's novel enforcement case during an initial court conference Thursday, saying the agency is improperly trying to "regulate cybersecurity under the guise of regulating disclosures."

  8. November 02, 2023

    SEC Enters New Cyber Era In Case Against SolarWinds, Exec

    The U.S. Securities and Exchange Commission's lawsuit against SolarWinds Corp. marks a shift in the agency's response to corporate data breaches, with the SEC taking a tougher stance on fraud and leveling its first-ever civil claims against an executive in a cybersecurity disclosure suit.

  9. October 30, 2023

    SEC Suit Claims SolarWinds Misled Investors On Cyber Risks

    The U.S. Securities and Exchange Commission on Monday hit software provider SolarWinds Corp. with a much anticipated lawsuit accusing it of underselling investors on its vulnerability to cyberattacks like the one that struck the company and its federal government clients in 2020.

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