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SEC Dismisses SolarWinds Case After Allegations of Misleading Investors

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The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against SolarWinds and its former chief information security officer (CISO) Timothy G. Brown. The case, filed in October 2023, alleged that SolarWinds misled investors about its cybersecurity practices, which led to the 2020 supply chain attack attributed to Russian state-sponsored threat actor APT29. The SEC's decision to dismiss the case follows a July 2024 ruling by the U.S. District Court for the Southern District of New York (SDNY), which dismissed many of the SEC's allegations as speculative and relying on hindsight. SolarWinds CEO Sudhakar Ramakrishna stated that the company emerges stronger and more secure from this legal challenge.

Timeline

  1. 21.11.2025 10:05 1 articles · 23h ago

    SEC Dismisses SolarWinds Case After Court Ruling

    The SEC has dropped its lawsuit against SolarWinds and its CISO Timothy G. Brown, following a court ruling that dismissed many of the allegations as speculative. The case, which began in October 2023, alleged that SolarWinds misled investors about its cybersecurity practices, leading to the 2020 supply chain attack attributed to APT29. The dismissal marks the end of a legal challenge that has spanned over two years.

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