Case: Solarwinds Corporation
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NEW YORK, NY – December 16, 2020 – Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of SolarWinds Corporation (“SolarWinds” or the “Company”) (NYSE: SWI), a software company that provides IT management tools.  

On December 8, 2020, cybersecurity company FireEye, Inc. ("FireEye") announced that FireEye was attacked by a highly sophisticated cyber threat actor and investigating the incident with the FBI and other key partners.  Later, on Sunday, December 13, 2020, FireEye provided an update that the “compromise is delivered through updates to a widely-used IT infrastructure management software – the Orion network monitoring product from SolarWinds.”

Then, on December 14, 2020, SolarWinds disclosed that it had become "aware 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."  SolarWinds also disclosed that based on its investigation, the vulnerability was inserted within the Orion products and existed in updates released between March and June 2020 and that it had sent a communication to approximately 33,000 customers that were active maintenance customers during and after the relevant period.

Following this news, SolarWinds’ shares fell $3.93 per share, about 16.7%, to close at $19.62 per share. 

Since then, the Washington Post and other news sources have reported that “[t]op investors in SolarWinds . . . sold millions of dollars in stock in the days before the intrusion was revealed.”

If you purchased or otherwise acquired SolarWinds securities and would like to discuss our investigation, please contact us by emailing This e-mail address is being protected from spambots. You need JavaScript enabled to view it or by calling (646) 315-9003.  

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this investigation, your rights, or your interests, please contact: 

Jeffrey P. Campisi
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(212) 329-8571
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Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Fax:  (415) 772-4707
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