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Proposed Deal Could End Precedent-Setting SEC Case Over Cybersecurity MisstatementsThe SEC and SolarWinds told a federal judge they’ve reached a tentative agreement to resolve a first-of-its-kind fraud case over cybersecurity disclosures. Federal regulators alleged that SolarWinds misled investors about its cybersecurity, and the settlement hinges on SEC commissioner approval.

Bank Info Security 8 Jul 2025, 11:00 a.m. Fraud Lawsuit Proposal SolarWinds
Bank Info Security 1 year, 5 months ago

SolarWinds to Be Purchased By Turn/River Capital for $4.4B

CEO: Going Private Will Help SolarWinds Expand Its Operational Resilience VisionSolarWinds agreed to be bought by Turn/River Capital for $4.4 billion just six years after the observability and IT management software firm went public. The proposed deal will help SolarWinds expand its vision in operational resilience and ensure the company's IT infrastructure remains robust.

Bank Info Security 8 Feb 2025, 1:00 p.m. Proposal SolarWinds