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News/Cyber & AI/SolarWinds Sued by Shareholders Over Data Breach Fallout
News·Cyber & AI Brief

SolarWinds Sued by Shareholders Over Data Breach Fallout

After the breach of SolarWinds' network monitoring software caused the company's stock to decline 40%, a class of shareholders sued the company and its executives, claiming they violated the Exchange Act by knowingly making misrepresentations or omissions that caused financial harm.

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