{"id":409769,"date":"2021-01-06T13:42:19","date_gmt":"2021-01-06T18:42:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=409769"},"modified":"2021-01-06T13:42:19","modified_gmt":"2021-01-06T18:42:19","slug":"swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\/","title":{"rendered":"SWI INVESTOR FRAUD LAWSUIT FILED: Hagens Berman Encourages SolarWinds (SWI) Investors with Losses to Contact Firm Now"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n SAN FRANCISCO<\/span>, Jan. 6, 2021<\/span> \/PRNewswire\/ —\u00a0Hagens Berman urges SolarWinds Corporation (NYSE: SWI)\u00a0<\/b>investors with significant losses to submit your losses now<\/a>. A securities fraud class action has been filed and certain investors may have valuable claims.\u00a0 <\/p>\n

\n

\n
\n \"Hagens
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n Class Period: <\/b>
\n Feb. 24, 2020<\/span> \u2013 Dec. 15, 2020<\/span>
Lead Plaintiff Deadline: <\/b>March 5, 2021<\/span>
Visit:<\/b>\u00a0www.hbsslaw.com\/investor-fraud\/SWI<\/a>
Contact An Attorney Now:<\/b>\u00a0SWI@hbsslaw.com<\/a>\u00a0
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916-0895<\/b><\/p>\n

\n SolarWinds Corporation (SWI) Securities Fraud Class Action: <\/b>\n <\/p>\n

The complaint alleges that throughout the Class Period, Defendants misrepresented and concealed 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; and (3) consequently, SolarWinds’ customers, including the Federal Government, Microsoft, Cisco, and Nvidia, were vulnerable to hacks.<\/p>\n

Investors allegedly began to learn the truth on Dec. 13, 2020<\/span> when Reuters <\/i>reported Russian hackers had infiltrated the U.S. Treasury and Commerce departments’ systems by tampering with SolarWinds updates.<\/p>\n

Then, on Dec. 14, 2020<\/span> SolarWinds confirmed the vulnerability was inserted in its Orion monitoring products and existed in updates released between March and June 2020<\/span>.<\/p>\n

On Dec. 15<\/span>, 2020,\u00a0Reuters <\/i>reported that (1) a security researcher alerted SolarWinds last year that anyone could access the company’s update server by using the password “solarwinds123,” and (2) a cyber security expert noticed that even days after SolarWinds knew their software was compromised the malicious updates were still available for download.<\/p>\n

Significantly, shortly before these events unfolded and caused SolarWinds shares to crater, two investors controlling a majority of SolarWinds’ board of directors sold $285 million<\/span> of SolarWinds shares.<\/p>\n

“We’re focused on proving that SolarWinds knew about the security vulnerabilities before disclosing them,” said Reed Kathrein<\/span>, the Hagens Berman partner leading the investigation.<\/p>\n

If you are a SolarWinds investor and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman<\/a>.<\/p>\n

\n Whistleblowers: <\/b>Persons with non-public information regarding SolarWinds Corporation should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein<\/span> at 844-916-0895<\/b> or email SWI@hbsslaw.com<\/a>. <\/p>\n

\n
\n About Hagens Berman<\/a>
\n <\/u>
\n
Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com<\/a>. For the latest news visit our newsroom<\/a><\/u> or follow us on Twitter at @classactionlaw<\/a><\/u>.<\/p>\n

\n Contact:
<\/u>
\n Reed Kathrein<\/span>, 844-916-0895<\/p>\n

\u00a0<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now-301202121.html<\/a><\/p>\n

SOURCE Hagens Berman Sobol Shapiro LLP<\/p>\n<\/p><\/div>\n

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

PR Newswire SAN FRANCISCO, Jan. 6, 2021 \/PRNewswire\/ —\u00a0Hagens Berman urges SolarWinds Corporation (NYSE: SWI)\u00a0investors with significant losses to submit your losses now. A securities fraud class action has been filed and certain investors may have valuable claims.\u00a0 Class Period: Feb. 24, 2020 \u2013 Dec. 15, 2020Lead Plaintiff Deadline: March 5, 2021Visit:\u00a0www.hbsslaw.com\/investor-fraud\/SWIContact An Attorney Now:\u00a0SWI@hbsslaw.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916-0895 SolarWinds Corporation (SWI) Securities Fraud Class Action: The complaint alleges that throughout the Class Period, Defendants misrepresented and concealed 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; and (3) consequently, SolarWinds’ customers, including the Federal Government, Microsoft, Cisco, and … <\/p>\n

Continue reading “SWI INVESTOR FRAUD LAWSUIT FILED: Hagens Berman Encourages SolarWinds (SWI) Investors with Losses to Contact Firm Now”<\/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-409769","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSWI INVESTOR FRAUD LAWSUIT FILED: Hagens Berman Encourages SolarWinds (SWI) Investors with Losses to Contact Firm Now - 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-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SWI INVESTOR FRAUD LAWSUIT FILED: Hagens Berman Encourages SolarWinds (SWI) Investors with Losses to Contact Firm Now - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SAN FRANCISCO, Jan. 6, 2021 \/PRNewswire\/ —\u00a0Hagens Berman urges SolarWinds Corporation (NYSE: SWI)\u00a0investors with significant losses to submit your losses now. A securities fraud class action has been filed and certain investors may have valuable claims.\u00a0 Class Period: Feb. 24, 2020 \u2013 Dec. 15, 2020Lead Plaintiff Deadline: March 5, 2021Visit:\u00a0www.hbsslaw.com\/investor-fraud\/SWIContact An Attorney Now:\u00a0SWI@hbsslaw.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916-0895 SolarWinds Corporation (SWI) Securities Fraud Class Action: The complaint alleges that throughout the Class Period, Defendants misrepresented and concealed 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; and (3) consequently, SolarWinds’ customers, including the Federal Government, Microsoft, Cisco, and … Continue reading "SWI INVESTOR FRAUD LAWSUIT FILED: Hagens Berman Encourages SolarWinds (SWI) Investors with Losses to Contact Firm Now"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-06T18:42:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/450112\/Hagens_Berman_Sobol_Shapiro_LLP_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-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SWI INVESTOR FRAUD LAWSUIT FILED: Hagens Berman Encourages SolarWinds (SWI) Investors with Losses to Contact Firm Now\",\"datePublished\":\"2021-01-06T18:42:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\\\/\"},\"wordCount\":470,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/450112\\\/Hagens_Berman_Sobol_Shapiro_LLP_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\\\/\",\"name\":\"SWI INVESTOR FRAUD LAWSUIT FILED: Hagens Berman Encourages SolarWinds (SWI) Investors with Losses to Contact Firm Now - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\/","og_locale":"en_US","og_type":"article","og_title":"SWI INVESTOR FRAUD LAWSUIT FILED: Hagens Berman Encourages SolarWinds (SWI) Investors with Losses to Contact Firm Now - Market Newsdesk","og_description":"PR Newswire SAN FRANCISCO, Jan. 6, 2021 \/PRNewswire\/ —\u00a0Hagens Berman urges SolarWinds Corporation (NYSE: SWI)\u00a0investors with significant losses to submit your losses now. A securities fraud class action has been filed and certain investors may have valuable claims.\u00a0 Class Period: Feb. 24, 2020 \u2013 Dec. 15, 2020Lead Plaintiff Deadline: March 5, 2021Visit:\u00a0www.hbsslaw.com\/investor-fraud\/SWIContact An Attorney Now:\u00a0SWI@hbsslaw.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916-0895 SolarWinds Corporation (SWI) Securities Fraud Class Action: The complaint alleges that throughout the Class Period, Defendants misrepresented and concealed 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; and (3) consequently, SolarWinds’ customers, including the Federal Government, Microsoft, Cisco, and … Continue reading \"SWI INVESTOR FRAUD LAWSUIT FILED: Hagens Berman Encourages SolarWinds (SWI) Investors with Losses to Contact Firm Now\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-06T18:42:19+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/450112\/Hagens_Berman_Sobol_Shapiro_LLP_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-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SWI INVESTOR FRAUD LAWSUIT FILED: Hagens Berman Encourages SolarWinds (SWI) Investors with Losses to Contact Firm Now","datePublished":"2021-01-06T18:42:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\/"},"wordCount":470,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/450112\/Hagens_Berman_Sobol_Shapiro_LLP_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/swi-investor-fraud-lawsuit-filed-hagens-berman-encourages-solarwinds-swi-investors-with-losses-to-contact-firm-now\/","name":"SWI INVESTOR FRAUD LAWSUIT FILED: Hagens Berman Encourages SolarWinds (SWI) Investors with Losses to Contact Firm Now - 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