PHILADELPHIA, Feb. 04, 2021 (Globe NEWSWIRE) — Kehoe Legislation Firm, P.C. is investigating irrespective of whether specific officers and/or directors of SolarWinds Company (“SolarWinds” or the “Organization”) (NYSE:SWI) breached their fiduciary obligations to SolarWinds and the Company’s shareholders.
The investigation concerns no matter whether sure officers and/or administrators of SolarWinds, among other points, mismanaged the Firm’s cybersecurity risks, such as a cyberattack on the Firm’s units, the disclosure of which resulted in an approximate decline of 40% of the price of SolarWinds’ inventory shares.
If you have held SolarWinds stock continuously due to the fact September 2019 and wish to go over Kehoe Legislation Firm’s investigation or have inquiries about your likely lawful legal rights, please make contact with Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected], [email protected], to study extra about the investigation or possible authorized statements.
Kehoe Legislation Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff–side legislation company devoted to defending investors from securities fraud, breaches of fiduciary duties, and company misconduct. Merged, the companions at Kehoe Regulation Organization have served as Lead Counsel or Co-Direct Counsel in instances that have recovered extra than $10 billion dollars on behalf of institutional and unique buyers.
This observe may perhaps represent legal professional promoting.