News & Analysis as of

Securities Fraud SolarWinds National Institute of Standards and Technology

Blank Rome LLP

Court Dismisses Most of SEC’s Cyber Case Against SolarWinds

Blank Rome LLP on

In an impactful decision that may limit the scope of future Securities and Exchange Commission (“SEC”) enforcement efforts against public companies over inadequate cyber controls, the U.S. District Court for the Southern...more

Alston & Bird

First of Its Kind: Federal Court Dismisses Majority of SEC’s SolarWinds Action but Maintains Claims Against CISO Defendant

Alston & Bird on

The Securities and Exchange Commission’s cybersecurity-related case against SolarWinds and its CISO was largely dismissed, but a securities fraud claim against the CISO lives on. Our Securities Litigation, Privacy, Cyber &...more

Davis Wright Tremaine LLP

District Court Dismisses Majority of SEC Complaint Against SolarWinds and Its CISO

The U.S. District Court for the Southern District of New York has dealt a significant blow to the cybersecurity enforcement efforts of the U.S. Securities and Exchange Commission (SEC or Commission). In its July 18, 2024,...more

Constangy, Brooks, Smith & Prophete, LLP

SolarWinds case could establish SEC liability for CISOs

On October 30, 2023, the Securities and Exchange Commission filed a securities fraud claim in federal court in the Southern District of New York against SolarWinds Corporation as well as its Chief Information Security...more

Orrick, Herrington & Sutcliffe LLP

The SEC’s Fraud Suit Against SolarWinds: 3 Cybersecurity Action Items for Companies to Consider

The U.S. Securities and Exchange Commission (SEC) has filed a fraud suit against SolarWinds and its chief information security officer (CISO), alleging they made false statements regarding the company’s security practices and...more

Morrison & Foerster LLP

A New Frontier for SEC Cybersecurity Enforcement? The SEC Charges SolarWinds and its CISO with Securities Fraud

Earlier this week, the SEC accused SolarWinds Corporation (“SolarWinds” or the “Company”) and its Chief Information Security Officer (“CISO”) of committing scienter-based securities fraud, among other violations, for...more

6 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide