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CLASS ACTION UPDATE for SPLK, SWI and TRIT: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

Friday, 15 January 2021 11:45 AM

Levi & Korsinsky, LLP

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / January 15, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

SPLK Shareholders Click Here: https://www.zlk.com/pslra-1/splunk-inc-loss-submission-form?prid=12194&wire=1
SWI Shareholders Click Here: https://www.zlk.com/pslra-1/solarwinds-corporation-information-request-form?prid=12194&wire=1
TRIT Shareholders Click Here: https://www.zlk.com/pslra-1/triterras-inc-f-k-a-netfin-acquisition-corp-loss-submission-form?prid=12194&wire=1

* ADDITIONAL INFORMATION BELOW *

Levi & Korsinsky, LLP, Friday, January 15, 2021, Press release picture

Splunk Inc. (NASDAQ:SPLK)

SPLK Lawsuit on behalf of: investors who purchased October 21, 2020 - December 2, 2020
Lead Plaintiff Deadline : February 2, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/splunk-inc-loss-submission-form?prid=12194&wire=1

According to the filed complaint, during the class period, Splunk Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Splunk was not closing deals with its largest customers in the third fiscal quarter of 2021; (2) Splunk was not hitting the financial targets it had previously announced; and (3) as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times.

SolarWinds Corporation (NYSE:SWI)

SWI Lawsuit on behalf of: investors who purchased March 1, 2020 - December 14, 2020
Lead Plaintiff Deadline : March 5, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/solarwinds-corporation-information-request-form?prid=12194&wire=1

According to the filed complaint, during the class period, SolarWinds Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) since mid-2020, SolarWinds Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; (2) SolarWinds' update server had an easily accessible password of ‘solarwinds123'; (3) consequently, SolarWinds' customers, including, among others, the Federal Government, Microsoft, Cisco, and Nvidia, would be vulnerable to hacks; (4) as a result, the Company would suffer significant reputational harm; and (5) as a result, Defendants' statements about SolarWinds's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Triterras, Inc., f/k/a Netfin Acquisition Corp. (NASDAQ:TRIT)

TRIT Lawsuit on behalf of: investors who purchased August 20, 2020 - December 16, 2020
Lead Plaintiff Deadline : February 19, 2021
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/triterras-inc-f-k-a-netfin-acquisition-corp-loss-submission-form?prid=12194&wire=1

According to the filed complaint, during the class period, Triterras, Inc., f/k/a Netfin Acquisition Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) the extent to which Company's revenue growth relied on Triterras' relationship with Rhodium to refer users to the Kratos platform; (2) that Rhodium faced significant financial liabilities that jeopardized its ability to continue as a going concern; (3) that, as a result, Rhodium was likely to refer fewer users to the Company's Kratos platform; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

Topic:
Lawsuits
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