NEW YORK, NY / ACCESSWIRE / December 17, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SolarWinds Corporation ("Gamida" or "the Company") (NYSE:SWI). Investors who purchased SolarWinds securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/swi.
The investigation concerns whether SolarWinds and certain of its officers and/or directors have violated federal securities laws.
On December 13, 2020, Reuters reported that hackers alleged to be working for the Russian government had monitored email traffic at the U.S. Treasury and Commerce departments, and that the alleged hackers are believed to have gained access to the agencies' email traffic by deceptively interfering with updates released by SolarWinds, which services various government vendors in the executive branch, the military, and the intelligence services. On December 14, 2020, SolarWinds disclosed that it had evidence that the software weaknesses at issue originated in the Company's Orion monitoring products and existed in updates released between March and June 2020. On this news, SolarWinds' stock price fell $3.93 per share, or 17%, to close at $19.62 per share on December 14, 2020.
If you are aware of any facts relating to this investigation, or purchased SolarWinds shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/swi. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC