The Securities and Exchange Commission on Thursday said it will dismiss a lawsuit against SolarWinds that had accused the company of making fraudulent statements that misled investors about its ...
The SEC alleges that SolarWinds and its CISO misled investors about the company’s cyber vulnerabilities and risks. This case could drive major changes to companies’ cybersecurity disclosures and the ...
The SEC has charged four companies—Unisys Corp, Avaya Holdings, Check Point Software, and Mimecast—for allegedly misleading investors about the impact of their breaches during the massive 2020 ...
The U.S. Securities and Exchange Commission (SEC) charged four major companies — Unisys Corp.(NYSE:UIS), Avaya Holdings Corp., Check Point Software Technologies (NASDAQ:CHKP) and Mimecast — with ...
On July 18, 2024, District Court Judge Engelmayer of the Southern District of New York issued his 107-page opinion and order dismissing most – but not all – of the landmark allegations of the SEC ...
The Securities and Exchange Commission on Thursday formally dismissed its high-profile civil enforcement action against technology vendor SolarWinds and its chief information security officer, Timothy ...
Prior to the major cybersecurity breach discovered in December 2020, SolarWinds allegedly touted false promises about its cybersecurity resilience, according to the SEC. In private memos, its CISO and ...