{"id":409373,"date":"2021-01-06T08:03:28","date_gmt":"2021-01-06T13:03:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=409373"},"modified":"2021-01-06T08:03:28","modified_gmt":"2021-01-06T13:03:28","slug":"shareholder-alert-block-leviton-llp-investigating-solarwinds-corp-and-pluralsight-inc-for-possible-breaches-of-fiduciary-duty-shareholders-should-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-block-leviton-llp-investigating-solarwinds-corp-and-pluralsight-inc-for-possible-breaches-of-fiduciary-duty-shareholders-should-contact-the-firm\/","title":{"rendered":"SHAREHOLDER ALERT: Block &amp; Leviton LLP Investigating SolarWinds Corp. and Pluralsight, Inc. for Possible Breaches of Fiduciary Duty; Shareholders Should Contact the Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">BOSTON, Jan.  06, 2021  (GLOBE NEWSWIRE) &#8212; Block &amp; Leviton LLP (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=L6Aflcjc-Sok-zYReuFeMV8NLbKG5lCmnEDAvzmtKbd7w9VFgRf_VvNzaNmWKUDhQulV4gPLaSwQsXiObnRf_ybFbrARRtw4FbKcy2sUf_M=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.blockleviton.com<\/a>), a national securities litigation firm, reminds investors of the firm\u2019s investigations of SolarWinds Corp. (NYSE: SWI) and Pluralsight, Inc. (NASDAQ: PS) for potential breaches of fiduciary duty. If you are a shareholder of SWI or PS, and have questions about your legal rights or possess information relevant to these matters, you are strongly encouraged to contact Block &amp; Leviton. Further details about the investigations are described below. There is no cost or obligation to you.<\/p>\n<p>SWI Shareholders \u2013 Click Here: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=FaJDGRmdPpMBwEeNpQdkefJhCVPOBAL7DXuSpQSqDHgYoyR_6DdGbID9ilE2Z3-tY6fO6itDLuHVmjVHJXYCNqcVkEo4XrU2kwNFIlwQDsdV9nnohydOA8IkVEiqEnOXzNZm0eriEy6B36ScP4wPuQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.blockleviton.com\/cases\/swi<\/a><\/p>\n<p>PS Shareholders \u2013 Click Here: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=FaJDGRmdPpMBwEeNpQdkefJhCVPOBAL7DXuSpQSqDHgKu5PLc-vRoLH7Ry-rCaCKxq8KOYBscjJxV0WQbUkp3-lAGNh-vvqd8czafcdaPBIGcWiSgEJYmx-DWCJA4An8KQCFaMF3zePbkRrQ7zcVL4uMvMSWVTDyVxzN1tp9sDw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.blockleviton.com\/cases\/pluralsight<\/a><\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>SolarWinds Corp. (NYSE: SWI)<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">On December 14, 2020, SolarWinds announced that it had become \u201caware 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.\u201d On this news, SolarWinds\u2019 shares plunged $3.93 per share, or around 17%. Significantly, in the days leading up to this announcement and stock drop, SolarWinds insiders sold over $285 million worth of Company stock. Jacob S. Frenkel, a former senior counsel in the SEC\u2019s Division of Enforcement, said \u201c[o]f course the SEC is going to take a look at that . . . . Large trades in advance of a major announcement, then an announcement. That\u2019s a formula for an insider trading investigation.\u201d<\/p>\n<p align=\"justify\">On December 8, 2020, cybersecurity company FireEye, Inc. announced that it had been attacked by a highly sophisticated cyber threat actor and was investigating the breach with the FBI. On December 13, 2020, FireEye announced that the \u201ccompromise is delivered through updates to a widely-used IT infrastructure management software \u2013 the Orion network monitoring product from SolarWinds.\u201d Block &amp; Leviton\u2019s investigation is focused on who at SolarWinds knew about the security vulnerabilities and when.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>Pluralsight, Inc. (NASDAQ: PS)<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p>Block &amp; Leviton is investigating the proposed merger involving Pluralsight. In this proposed merger, Pluralsight would sell itself to Vista Equity Partners for $20.26 per share, or approximately $3.5 billion in total. Pluralsight and Vista Equity Partners entered into the merger agreement on December 11, 2020. Under the terms of the agreement, each share of Class A common stock of Pluralsight outstanding at the time of the proposed closing of the merger would be cancelled and converted into the right to receive $20.26. The closing of the merger agreement is subject to certain conditions. Block &amp; Leviton is investigating potential breaches of fiduciary duty and\/or violations of the federal securities laws by the officers and\/or directors of Pluralsight.<\/p>\n<p>If you are a SWI or PS shareholder and have questions about your legal rights or possess information relevant to these matters, please contact Block &amp; Leviton attorneys at (617) 398-5600, via email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zS6z7Dq98tRI0bdAasqdoxtXnNviP8ecIB0qDds4naZJubeqgEr9RAPsG2AcCWWI_fGPMlYonUNcMMG-bJhxn_rgOnMlGr3wb0AHUUa-wYY=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@blockleviton.com<\/a>, or via the links provided above.<\/p>\n<p align=\"justify\">Block &amp; Leviton LLP is a firm dedicated to representing investors and maintaining the integrity of the country\u2019s financial markets. The firm represents many of the nation\u2019s largest institutional investors as well as individual investors in securities litigation throughout the United States. The firm\u2019s lawyers have recovered billions of dollars for its clients.<\/p>\n<p>This notice may constitute attorney advertising.<\/p>\n<p>CONTACT:<br \/>BLOCK &amp; LEVITON LLP<br \/>260 Franklin St., Suite 1860<br \/>Boston, MA 02110<br \/>Phone: (617) 398-5600<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zS6z7Dq98tRI0bdAasqdoxtXnNviP8ecIB0qDds4nabkeLboxQEUpOIAVqkYsE7-uCDyuOzPXYnoNLpqBWo7t6hgn1fY2BS9ulfIYjRpMs8=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@blockleviton.com<\/a><br \/>SOURCE: Block &amp; Leviton LLP<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=L6Aflcjc-Sok-zYReuFeMdKyxES5exK-4wl8dbEqnlVWWtxw7l6xiFyl7BmJsIbQgRHE4jerzX0qPpKEdJ-Bpt9OLV7q5o2Q7ZhtxhMFObU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.blockleviton.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMTA0MiMzOTA1ODI3IzIwMTgxMTk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/2b266a37-d6d0-4954-a4c8-6780b312a63f\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BOSTON, Jan. 06, 2021 (GLOBE NEWSWIRE) &#8212; Block &amp; Leviton LLP (www.blockleviton.com), a national securities litigation firm, reminds investors of the firm\u2019s investigations of SolarWinds Corp. (NYSE: SWI) and Pluralsight, Inc. (NASDAQ: PS) for potential breaches of fiduciary duty. If you are a shareholder of SWI or PS, and have questions about your legal rights or possess information relevant to these matters, you are strongly encouraged to contact Block &amp; Leviton. Further details about the investigations are described below. There is no cost or obligation to you. SWI Shareholders \u2013 Click Here: https:\/\/www.blockleviton.com\/cases\/swi PS Shareholders \u2013 Click Here: https:\/\/www.blockleviton.com\/cases\/pluralsight SolarWinds Corp. (NYSE: SWI) On December 14, 2020, SolarWinds announced that it had become \u201caware of a cyberattack that inserted a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-block-leviton-llp-investigating-solarwinds-corp-and-pluralsight-inc-for-possible-breaches-of-fiduciary-duty-shareholders-should-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Block &amp; Leviton LLP Investigating SolarWinds Corp. and Pluralsight, Inc. for Possible Breaches of Fiduciary Duty; Shareholders Should Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-409373","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Block &amp; Leviton LLP Investigating SolarWinds Corp. and Pluralsight, Inc. for Possible Breaches of Fiduciary Duty; Shareholders Should Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-block-leviton-llp-investigating-solarwinds-corp-and-pluralsight-inc-for-possible-breaches-of-fiduciary-duty-shareholders-should-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: Block &amp; Leviton LLP Investigating SolarWinds Corp. and Pluralsight, Inc. for Possible Breaches of Fiduciary Duty; Shareholders Should Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BOSTON, Jan. 06, 2021 (GLOBE NEWSWIRE) &#8212; Block &amp; Leviton LLP (www.blockleviton.com), a national securities litigation firm, reminds investors of the firm\u2019s investigations of SolarWinds Corp. (NYSE: SWI) and Pluralsight, Inc. (NASDAQ: PS) for potential breaches of fiduciary duty. If you are a shareholder of SWI or PS, and have questions about your legal rights or possess information relevant to these matters, you are strongly encouraged to contact Block &amp; Leviton. Further details about the investigations are described below. There is no cost or obligation to you. SWI Shareholders \u2013 Click Here: https:\/\/www.blockleviton.com\/cases\/swi PS Shareholders \u2013 Click Here: https:\/\/www.blockleviton.com\/cases\/pluralsight SolarWinds Corp. (NYSE: SWI) On December 14, 2020, SolarWinds announced that it had become \u201caware of a cyberattack that inserted a &hellip; Continue reading &quot;SHAREHOLDER ALERT: Block &amp; Leviton LLP Investigating SolarWinds Corp. and Pluralsight, Inc. for Possible Breaches of Fiduciary Duty; Shareholders Should Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-block-leviton-llp-investigating-solarwinds-corp-and-pluralsight-inc-for-possible-breaches-of-fiduciary-duty-shareholders-should-contact-the-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-06T13:03:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMTA0MiMzOTA1ODI3IzIwMTgxMTk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-block-leviton-llp-investigating-solarwinds-corp-and-pluralsight-inc-for-possible-breaches-of-fiduciary-duty-shareholders-should-contact-the-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-block-leviton-llp-investigating-solarwinds-corp-and-pluralsight-inc-for-possible-breaches-of-fiduciary-duty-shareholders-should-contact-the-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: Block &amp; 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(NYSE: SWI) and Pluralsight, Inc. (NASDAQ: PS) for potential breaches of fiduciary duty. If you are a shareholder of SWI or PS, and have questions about your legal rights or possess information relevant to these matters, you are strongly encouraged to contact Block &amp; Leviton. Further details about the investigations are described below. There is no cost or obligation to you. SWI Shareholders \u2013 Click Here: https:\/\/www.blockleviton.com\/cases\/swi PS Shareholders \u2013 Click Here: https:\/\/www.blockleviton.com\/cases\/pluralsight SolarWinds Corp. (NYSE: SWI) On December 14, 2020, SolarWinds announced that it had become \u201caware of a cyberattack that inserted a &hellip; Continue reading \"SHAREHOLDER ALERT: Block &amp; Leviton LLP Investigating SolarWinds Corp. and Pluralsight, Inc. for Possible Breaches of Fiduciary Duty; Shareholders Should Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-block-leviton-llp-investigating-solarwinds-corp-and-pluralsight-inc-for-possible-breaches-of-fiduciary-duty-shareholders-should-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-06T13:03:28+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMTA0MiMzOTA1ODI3IzIwMTgxMTk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-block-leviton-llp-investigating-solarwinds-corp-and-pluralsight-inc-for-possible-breaches-of-fiduciary-duty-shareholders-should-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-block-leviton-llp-investigating-solarwinds-corp-and-pluralsight-inc-for-possible-breaches-of-fiduciary-duty-shareholders-should-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: Block &amp; 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