Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the Western District of Texas on behalf of those who acquired SolarWinds Corporation

LEAD PLAINTIFF DEADLINE IS MARCH 5, 2021

NEW YORK, January 19, 2021 / PRNewswire / – Wolf Haldenstein Adler Freeman & Herz LLP is reminding investors that a class action lawsuit has been filed against federal securities in the western district Texas on behalf of buyers of SolarWinds Corporation (NYSE: SWI) securities between February 24, 2020 and December 15, 2020including (the “Class Period”).

(PRNewsfoto / Wolf Haldenstein Adler Freeman)

All investors who have purchased SolarWinds Corporation stock and have suffered losses are encouraged to contact the company immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. For more information on the promotion, visit our website at www.whafh.com.

If you have suffered losses in the shares of SolarWinds Corporation, you can do so no later than March 5, 2021, ask the court to appoint you as the lead plaintiff of the proposed class. Please contact Wolf Haldenstein Learn more about your rights as an investor in SolarWinds Corporation.

CLICK HERE TO JOIN CASE

On 13th DecemberIn 2020, according to Reuters, hackers monitored email traffic in the U.S. finance and commerce departments. The hackers are believed to have breached the emails by misleading the updates published by SolarWinds, which serve various government vendors in the executive, military and intelligence agencies.

On December 14, 2020the company announced this, “a weak point [was inserted] within its Orion surveillance products, which, if present and activated, could potentially allow an attacker to compromise the server on which the Orion products are running. “The vulnerability was introduced into downloaded Orion products and updates released between March and March June 2020.

In the news, the company’s share price fell $ 3.93or 17% to close at $ 19.62 per share on December 14, 2020.

Then next 15th December, 2020 Reuters reported that Vinoth KumarLast year, the security researcher drew the company’s attention to the fact that anyone with the password “solarwinds123” can access the SolarWinds update server. The article also reported that cybersecurity firm Huntress, co-founder, Kyle Hanslovannoted that days after SolarWinds learned about downloading the software, the malicious updates were still available for download.

The story goes on

In the news, the company’s share price fell $ 1.56or 8% to close at $ 18.06 per share on December 15, 2020.

Wolf Haldenstein has extensive experience prosecuting class and derivative disputes in state and federal courts and appeals courts across the country. The firm has lawyers in various fields of activity and offices in new York, Chicago and San Diego. This law firm’s reputation and expertise in shareholder and other class disputes has been recognized repeatedly by the courts who have appointed them to key positions in complex securities multiple district and consolidated litigation.

If you would like to discuss this action or have questions about your rights and interests in this case, please contact us immediately Wolf Haldenstein by phone at (800) 575-0735, by email at classmember@whafh.com or on our website at www.whafh.com.

Contact:

Wolf Haldenstein Adler Freeman & Heart LLP
Kevin Cooper, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, kcooper@whafh.com, or classmember@whafh.com
Tel .: (800) 575-0735 or (212) 545-4774

This press release may be viewed as a solicitor advertisement in some jurisdictions under applicable laws and ethical rules.

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SOURCE Wolf Haldenstein Adler Freeman & Heart LLP

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