NEW YORK, NY / ACCESSWIRE / December 24, 2020 / Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of SolarWinds Corporation ("SolarWinds" or the "Company") (NYSE:SWI) resulting from allegations that SolarWinds might have issued misleading information to the investing public.
If you purchased SolarWinds securities, and/or would like to discuss your legal rights and options please visit SWI Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].
On December 14, 2020, SolarWinds disclosed on Form 8-K that it had become "aware of a cyberattack that inserted a vulnerability within its Orion monitoring products which, if present and activated, could potentially allow an attacker to compromise the server on which the Orion products run." The Company further stated that it believed the attack was "the result of a highly sophisticated, targeted and manual supply chain attack by an outside nation state."
On this news, SolarWinds's stock price fell $3.93 per share, or 16.69%, to close at $19.62 per share.
If you purchased SolarWinds securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/solarwindscorporation-swi-shareholder-class-action-lawsuit-fraud-stock-343/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
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SOURCE: Bernstein Liebhard LLP