{"id":440062,"date":"2021-02-19T12:56:18","date_gmt":"2021-02-19T17:56:18","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=440062"},"modified":"2021-02-19T12:56:18","modified_gmt":"2021-02-19T17:56:18","slug":"swi-action-pawar-law-group-announces-a-securities-class-action-lawsuit-against-solarwinds-corporation-swi","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/swi-action-pawar-law-group-announces-a-securities-class-action-lawsuit-against-solarwinds-corporation-swi\/","title":{"rendered":"SWI ACTION: Pawar Law Group Announces a Securities Class Action Lawsuit Against SolarWinds Corporation\u2013 SWI"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, Feb.  19, 2021  (GLOBE NEWSWIRE) &#8212; Pawar Law Group announces a class action lawsuit on behalf of shareholders who purchased shares of SolarWinds Corporation (NYSE: SWI) from February 24, 2020 through December 15, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for SolarWinds Corporation investors under the federal securities laws.<\/p>\n<p>To join the class action, go <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hwvA2ZfAmwRmcEMz4rS_Py2yZ6ZhyYveZ3ROaU0i_KraxQwy9nh0hNLeymO2Y6ceAkxsFA825uJj7sQeb0mKHK-qcVOvJyH3L8pA7BTjS-qy-xHojTzL1rMIIN7j4TXkxUk9QGOf_GvZDFKrgJhyWw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">here<\/a> or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=x3s2KgVIapxUB-T-C0cg7KllzSbxGNJlvmDMf9yinVz_mP8XmfgN-yByFyuU23IfqSV9RBBCvofiliqOvCGEm1KL2mXkQaxPvZr05y3EBP4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@pawarlawgroup.com<\/a>\u00a0for information on the class action.<\/p>\n<p>According to the lawsuit, \u00a0defendants made false and\/or misleading statements and\/or failed to disclose that: since mid-2020, SolarWinds Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; SolarWinds\u2019 update server had an easily accessible password of \u2018solarwinds123\u2019; consequently, SolarWinds\u2019 customers, including, among others, the Federal Government, Microsoft, Cisco, and Nvidia, would be vulnerable to hacks; as a result, the Company would suffer significant reputational harm; and as a result, Defendants\u2019 statements about SolarWinds\u2019s business, operations and prospects were materially false and misleading and\/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n<p>If you wish to serve as lead plaintiff, you must move the Court no later than <strong>March 5, 2021.<\/strong> A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n<p>No class has been certified. Until a class is certified, you are not represented by counsel unless you hire one. You may hire counsel of your choice. You may also do nothing at this time and be an absent member of the class. Your ability to share in any future recovery is not dependent upon being a lead plaintiff.<\/p>\n<p>Pawar Law Group represents investors from around the world. Attorney advertising. Prior results do not guarantee or predict a similar outcome with respect to any future matter.<br \/>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p>Contact:\u00a0\u00a0<br \/>Vik Pawar, Esq.\u00a0\u00a0<br \/>Pawar Law Group\u00a0\u00a0<br \/>20 Vesey Street, Suite 1410\u00a0\u00a0<br \/>New York, NY 10007\u00a0\u00a0<br \/>Tel: (917) 261-2277\u00a0\u00a0<br \/>Fax: (212) 571-0938\u00a0\u00a0<br \/>info@pawarlawgroup.com\u00a0\u00a0<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE1NjM3NiMzOTg1OTcxIzIwODMxNDk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/4987bf25-1c2f-47cc-9be5-24a3572aad18\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Feb. 19, 2021 (GLOBE NEWSWIRE) &#8212; Pawar Law Group announces a class action lawsuit on behalf of shareholders who purchased shares of SolarWinds Corporation (NYSE: SWI) from February 24, 2020 through December 15, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for SolarWinds Corporation investors under the federal securities laws. To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0info@pawarlawgroup.com\u00a0for information on the class action. According to the lawsuit, \u00a0defendants made false and\/or misleading statements and\/or failed to disclose that: since mid-2020, SolarWinds Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; SolarWinds\u2019 update server had an easily accessible &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/swi-action-pawar-law-group-announces-a-securities-class-action-lawsuit-against-solarwinds-corporation-swi\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SWI ACTION: Pawar Law Group Announces a Securities Class Action Lawsuit Against SolarWinds Corporation\u2013 SWI&#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-440062","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SWI ACTION: Pawar Law Group Announces a Securities Class Action Lawsuit Against SolarWinds Corporation\u2013 SWI - 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-action-pawar-law-group-announces-a-securities-class-action-lawsuit-against-solarwinds-corporation-swi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SWI ACTION: Pawar Law Group Announces a Securities Class Action Lawsuit Against SolarWinds Corporation\u2013 SWI - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Feb. 19, 2021 (GLOBE NEWSWIRE) &#8212; Pawar Law Group announces a class action lawsuit on behalf of shareholders who purchased shares of SolarWinds Corporation (NYSE: SWI) from February 24, 2020 through December 15, 2020, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for SolarWinds Corporation investors under the federal securities laws. To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0info@pawarlawgroup.com\u00a0for information on the class action. According to the lawsuit, \u00a0defendants made false and\/or misleading statements and\/or failed to disclose that: since mid-2020, SolarWinds Orion monitoring products had a vulnerability that allowed hackers to compromise the server upon which the products ran; SolarWinds\u2019 update server had an easily accessible &hellip; Continue reading &quot;SWI ACTION: Pawar Law Group Announces a Securities Class Action Lawsuit Against SolarWinds Corporation\u2013 SWI&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/swi-action-pawar-law-group-announces-a-securities-class-action-lawsuit-against-solarwinds-corporation-swi\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-19T17:56:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE1NjM3NiMzOTg1OTcxIzIwODMxNDk=\" \/>\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-action-pawar-law-group-announces-a-securities-class-action-lawsuit-against-solarwinds-corporation-swi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/swi-action-pawar-law-group-announces-a-securities-class-action-lawsuit-against-solarwinds-corporation-swi\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SWI ACTION: Pawar Law Group Announces a Securities Class Action Lawsuit Against SolarWinds Corporation\u2013 SWI\",\"datePublished\":\"2021-02-19T17:56:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/swi-action-pawar-law-group-announces-a-securities-class-action-lawsuit-against-solarwinds-corporation-swi\\\/\"},\"wordCount\":351,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/swi-action-pawar-law-group-announces-a-securities-class-action-lawsuit-against-solarwinds-corporation-swi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE1NjM3NiMzOTg1OTcxIzIwODMxNDk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/swi-action-pawar-law-group-announces-a-securities-class-action-lawsuit-against-solarwinds-corporation-swi\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/swi-action-pawar-law-group-announces-a-securities-class-action-lawsuit-against-solarwinds-corporation-swi\\\/\",\"name\":\"SWI ACTION: Pawar Law Group Announces a Securities Class Action Lawsuit Against SolarWinds Corporation\u2013 SWI - 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The lawsuit seeks to recover damages for SolarWinds Corporation investors under the federal securities laws. To join the class action, go here or call Vik Pawar, Esq. toll-free at 888-589-9804 or email\u00a0info@pawarlawgroup.com\u00a0for information on the class action. 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