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Stanford Law School Securities Class Action Clearinghouse a Collaboration with Cornerstone Research

Case Page

 

SolarWinds, Inc.

Case Summary

SolarWinds, Inc. Securities Litigation

Case Summary

Case Status:    DISMISSED  
—On or around 07/22/2016 (Court's order of dismissal)
Current/Last Presiding Judge:  
Hon. Sam Sparks

Filing Date: December 28, 2015

SolarWinds Inc. is an American company that develops network, systems management, and IT infrastructure software.

According to the law firm press release, the lawsuit charges Defendants SolarWinds, its Board of Directors and the Sponsors with breaches of fiduciary duty, aiding and abetting breaches of fiduciary duty and/or violations of the Securities Exchange Act of 1934 in connection with the Proposed Acquisition of SolarWinds by Silver Lake Partners and Project Aurora Holdings, LLC and Project Aurora Merger Corp.

This case was ordered dismissed on July 22, 2016.

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