{"id":402115,"date":"2020-12-17T11:03:27","date_gmt":"2020-12-17T16:03:27","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402115"},"modified":"2020-12-17T11:03:27","modified_gmt":"2020-12-17T16:03:27","slug":"investor-alert-law-offices-of-howard-g-smith-continues-investigation-of-solarwinds-corporation-swi-on-behalf-of-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-law-offices-of-howard-g-smith-continues-investigation-of-solarwinds-corporation-swi-on-behalf-of-investors\/","title":{"rendered":"INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of SolarWinds Corporation (SWI) on Behalf of Investors"},"content":{"rendered":"

<\/p>\n

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of SolarWinds Corporation (SWI) on Behalf of Investors<\/b><\/p>\n

BENSALEM, Pa.–(BUSINESS WIRE<\/a>)–
\nLaw Offices of Howard G. Smith continues its investigation on behalf of SolarWinds Corporation (\u201cSolarWinds\u201d or the \u201cCompany\u201d) (NYSE: SWI<\/a>) investors concerning the Company and its officers\u2019 possible violations of federal securities laws.\n<\/p>\n

\nOn December 13, 2020, Reuters<\/i> reported hackers alleged to be working for Russia have been monitoring email traffic at the U.S. Treasury and Commerce departments. The alleged hackers are believed to have breached the emails by deceptively interfering with updates released by SolarWinds, which services various government vendors in the executive branch, the military, and the intelligence services.\n<\/p>\n

\nOn December 14, 2020, SolarWinds stated it has evidence that the weakness was introduced in its Orion monitoring products and existed in updates released between March and June 2020.\n<\/p>\n

\nOn this news, the price of SolarWinds shares fell $3.93, or 17%, to close at $19.62 per share on December 14, 2020, thereby injuring investors.\n<\/p>\n

\nOn December 15, 2020, Reuters<\/i> reported that Vinoth Kumar, a security researcher, alerted the Company, last year, that anyone could access SolarWinds\u2019 update server by using the password \u201csolarwinds123\u201d and that co-founder of cybersecurity company Huntress, Kyle Hanslovan, noticed the malicious updates were still available for download even days after SolarWinds was aware their software was compromised.\n<\/p>\n

\nOn this news, the price of SolarWinds shares fell $1.56, or 8%, to close at $18.06 per share on December 15, 2020, thereby injuring investors.\n<\/p>\n

\nIf you purchased SolarWinds securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com<\/a>, or visit our website at www.howardsmithlaw.com<\/a>.\n<\/p>\n

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201217005265\/en\/<\/a><\/span><\/p>\n

\nLaw Offices of Howard G. Smith
\n
Howard G. Smith, Esquire
\n
215-638-4847
\n
888-638-4847
\n
howardsmith@howardsmithlaw.com
\n<\/a>
www.howardsmithlaw.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Pennsylvania<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of SolarWinds Corporation (SWI) on Behalf of Investors BENSALEM, Pa.–(BUSINESS WIRE)– Law Offices of Howard G. Smith continues its investigation on behalf of SolarWinds Corporation (\u201cSolarWinds\u201d or the \u201cCompany\u201d) (NYSE: SWI) investors concerning the Company and its officers\u2019 possible violations of federal securities laws. On December 13, 2020, Reuters reported hackers alleged to be working for Russia have been monitoring email traffic at the U.S. Treasury and Commerce departments. The alleged hackers are believed to have breached the emails 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 stated it has … <\/p>\n

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Smith continues its investigation on behalf of SolarWinds Corporation (\u201cSolarWinds\u201d or the \u201cCompany\u201d) (NYSE: SWI) investors concerning the Company and its officers\u2019 possible violations of federal securities laws. On December 13, 2020, Reuters reported hackers alleged to be working for Russia have been monitoring email traffic at the U.S. Treasury and Commerce departments. The alleged hackers are believed to have breached the emails 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 stated it has … Continue reading "INVESTOR ALERT: Law Offices of Howard G. 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