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Press release content from Business Wire. The AP news staff was not involved in its creation.

SWI EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against SolarWinds Corporation – SWI

December 20, 2020 GMT

NEW YORK--(BUSINESS WIRE)--Dec 20, 2020--

Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of SolarWinds Corporation (NYSE: SWI) resulting from allegations that SolarWinds may have issued materially misleading business information to the investing public.

On December 13, 2020, Reuters reported that hackers alleged to be working for the Russian government had monitored email traffic at the U.S. Treasury and Commerce departments and that the alleged hackers are believed to have gained access to the agencies’ email traffic 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 disclosed that it had evidence that the software weaknesses at issue originated in the Company’s Orion monitoring products and existed in updates released between March and June 2020.

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On this news, SolarWinds’ stock price fell $3.93 per share, or 17%, to close at $19.62 per share on December 14, 2020.

Rosen Law Firm is preparing a securities lawsuit on behalf of SolarWinds shareholders. If you purchased securities of SolarWinds please visit the firm’s website at http://www.rosenlegal.com/cases-register-2012.html to join the securities action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20201220005022/en/

CONTACT: Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 40thFloor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

lrosen@rosenlegal.com

pkim@rosenlegal.com

cases@rosenlegal.com

www.rosenlegal.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: Rosen Law Firm

Copyright Business Wire 2020.

PUB: 12/20/2020 02:32 PM/DISC: 12/20/2020 02:32 PM

http://www.businesswire.com/news/home/20201220005022/en