{"id":409650,"date":"2021-01-06T10:03:20","date_gmt":"2021-01-06T15:03:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=409650"},"modified":"2021-01-06T10:03:20","modified_gmt":"2021-01-06T15:03:20","slug":"swi-shareholder-alert-bronstein-gewirtz-grossman-llc-notifies-solarwinds-corporation-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/swi-shareholder-alert-bronstein-gewirtz-grossman-llc-notifies-solarwinds-corporation-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\/","title":{"rendered":"SWI Shareholder Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies SolarWinds Corporation Investors of Class Action and Encourages Shareholders to Contact the Firm"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Jan. 6, 2021<\/span> \/PRNewswire\/ &#8212; Attorney Advertising&#8211; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against\u00a0SolarWinds Corporation\u00a0(&#8220;SolarWinds&#8221; or &#8220;the Company&#8221;) (NYSE: SWI) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired SolarWinds securities between <span class=\"xn-chron\">February 24, 2020<\/span> and <span class=\"xn-chron\">December 15, 2020<\/span>, inclusive (the &#8220;Class Period&#8221;).\u00a0Such investors are encouraged to join this case by visiting the firm&#8217;s site: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3026036-1&amp;h=139202570&amp;u=http%3A%2F%2Fwww.bgandg.com%2Fswi&amp;a=www.bgandg.com%2Fswi\" rel=\"nofollow noopener noreferrer\">www.bgandg.com\/swi<\/a>.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/439152\/Bronstein_Gewirtz_and_Grossman_LLC_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/439152\/Bronstein_Gewirtz_and_Grossman_LLC_Logo.jpg\" title=\"Bronstein, Gewirtz &amp; Grossman, LLC\" alt=\"Bronstein, Gewirtz &amp; Grossman, LLC\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. <\/b>\n      <\/p>\n<p>The complaint alleges that throughout the class period, Defendants made false and\/or misleading statements and\/or failed to disclose that:\u00a0(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&#8217; update server had an easily accessible password of &#8216;solarwinds123&#8242;; (3) consequently, SolarWinds&#8217; 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&#8217; statements about SolarWinds&#8217;s business, operations and prospects were materially false and misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n<p>\n        <b>A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm&#8217;s site: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3026036-1&amp;h=139202570&amp;u=http%3A%2F%2Fwww.bgandg.com%2Fswi&amp;a=www.bgandg.com%2Fswi\" rel=\"nofollow noopener noreferrer\">www.bgandg.com\/swi<\/a>\u00a0\u00a0or you may contact <span class=\"xn-person\">Peretz Bronstein, Esq.<\/span> or his Investor Relations Analyst, <span class=\"xn-person\">Yael Hurwitz<\/span> of Bronstein, Gewirtz &amp; Grossman, LLC at 212-697-6484. If you suffered a loss in SolarWinds you have until <span class=\"xn-chron\">March 5, 2021<\/span> to request that the Court appoint you as lead plaintiff.\u00a0 Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/b>\n      <\/p>\n<p>Bronstein, Gewirtz &amp; Grossman, LLC is a corporate litigation boutique.\u00a0 Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.\u00a0 In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm&#8217;s expertise includes general corporate and commercial litigation, as well as securities arbitration.\u00a0 \u00a0Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>Contact:<br \/>Bronstein, Gewirtz &amp; Grossman, LLC<br \/><span class=\"xn-person\">Peretz Bronstein<\/span> or <span class=\"xn-person\">Yael Hurwitz<\/span><br \/>212-697-6484 | <a target=\"_blank\" href=\"mailto:info@bgandg.com\" rel=\"nofollow noopener noreferrer\">info@bgandg.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC37318&amp;sd=2021-01-06\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/swi-shareholder-alert-bronstein-gewirtz--grossman-llc-notifies-solarwinds-corporation-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm-301201684.html\">http:\/\/www.prnewswire.com\/news-releases\/swi-shareholder-alert-bronstein-gewirtz&#8211;grossman-llc-notifies-solarwinds-corporation-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm-301201684.html<\/a><\/p>\n<p>SOURCE  Bronstein, Gewirtz &amp; Grossman, LLC<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC37318&amp;Transmission_Id=202101061000PR_NEWS_USPR_____DC37318&amp;DateId=20210106\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, Jan. 6, 2021 \/PRNewswire\/ &#8212; Attorney Advertising&#8211; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against\u00a0SolarWinds Corporation\u00a0(&#8220;SolarWinds&#8221; or &#8220;the Company&#8221;) (NYSE: SWI) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired SolarWinds securities between February 24, 2020 and December 15, 2020, inclusive (the &#8220;Class Period&#8221;).\u00a0Such investors are encouraged to join this case by visiting the firm&#8217;s site: www.bgandg.com\/swi.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the class period, Defendants made false and\/or misleading statements and\/or failed to disclose that:\u00a0(1) since mid-2020, SolarWinds &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/swi-shareholder-alert-bronstein-gewirtz-grossman-llc-notifies-solarwinds-corporation-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SWI Shareholder Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies SolarWinds Corporation Investors of Class Action and Encourages Shareholders to 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-409650","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>SWI Shareholder Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies SolarWinds Corporation Investors of Class Action and Encourages Shareholders to 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\/swi-shareholder-alert-bronstein-gewirtz-grossman-llc-notifies-solarwinds-corporation-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SWI Shareholder Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies SolarWinds Corporation Investors of Class Action and Encourages Shareholders to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Jan. 6, 2021 \/PRNewswire\/ &#8212; Attorney Advertising&#8211; Bronstein, Gewirtz &amp; Grossman, LLC notifies investors that a class action lawsuit has been filed against\u00a0SolarWinds Corporation\u00a0(&#8220;SolarWinds&#8221; or &#8220;the Company&#8221;) (NYSE: SWI) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired SolarWinds securities between February 24, 2020 and December 15, 2020, inclusive (the &#8220;Class Period&#8221;).\u00a0Such investors are encouraged to join this case by visiting the firm&#8217;s site: www.bgandg.com\/swi.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the class period, Defendants made false and\/or misleading statements and\/or failed to disclose that:\u00a0(1) since mid-2020, SolarWinds &hellip; Continue reading &quot;SWI Shareholder Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies SolarWinds Corporation Investors of Class Action and Encourages Shareholders to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/swi-shareholder-alert-bronstein-gewirtz-grossman-llc-notifies-solarwinds-corporation-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-06T15:03:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/439152\/Bronstein_Gewirtz_and_Grossman_LLC_Logo.jpg\" \/>\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=\"2 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\\\/swi-shareholder-alert-bronstein-gewirtz-grossman-llc-notifies-solarwinds-corporation-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/swi-shareholder-alert-bronstein-gewirtz-grossman-llc-notifies-solarwinds-corporation-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SWI Shareholder Alert: Bronstein, Gewirtz &amp; 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or &#8220;the Company&#8221;) (NYSE: SWI) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired SolarWinds securities between February 24, 2020 and December 15, 2020, inclusive (the &#8220;Class Period&#8221;).\u00a0Such investors are encouraged to join this case by visiting the firm&#8217;s site: www.bgandg.com\/swi.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the class period, Defendants made false and\/or misleading statements and\/or failed to disclose that:\u00a0(1) since mid-2020, SolarWinds &hellip; Continue reading \"SWI Shareholder Alert: Bronstein, Gewirtz &amp; Grossman, LLC Notifies SolarWinds Corporation Investors of Class Action and Encourages Shareholders to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/swi-shareholder-alert-bronstein-gewirtz-grossman-llc-notifies-solarwinds-corporation-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-06T15:03:20+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/439152\/Bronstein_Gewirtz_and_Grossman_LLC_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/swi-shareholder-alert-bronstein-gewirtz-grossman-llc-notifies-solarwinds-corporation-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/swi-shareholder-alert-bronstein-gewirtz-grossman-llc-notifies-solarwinds-corporation-investors-of-class-action-and-encourages-shareholders-to-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SWI Shareholder Alert: Bronstein, Gewirtz &amp; 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