When the true details entered the market, the lawsuit claims that investors suffered damages.
- When the true details entered the market, the lawsuit claims that investors suffered damages.
- Specifically, on December 14, 2020, SolarWinds filed a Form 8-K with the SEC, disclosing that it had been the subject of hack on its Orion monitoring products.
- On this news, the Companys shares fell $3.93 per share, or 17%, to close at $19.62 per share on December 14, 2020, damaging investors.
- Faruqi & Faruqi, LLP also encourages anyone with information regarding SolarWindss conduct to contact the firm, including whistleblowers, former employees, shareholders and others.