Judge Tosses Most of Landmark SEC Suit Alleging SolarWinds and Its Security Chief Hid Cyber Vulnerabilities
But Judge Paul Engelmayer's ruling did not challenge the SEC's decision to include Chief Information Security Officer Tim Brown as a defendant—a decision that has rattled the cybersecurity industry.
July 18, 2024 at 05:24 PM
4 minute read
General Counsel and In House CounselThe original version of this story was published on Corporate Counsel
A federal judge on Thursday gutted much of the U.S. Securities and Exchange Commission's landmark lawsuit against information technology software company SolarWinds stemming from a devastating 2020 hack of the company that compromised more than 18,000 of its customers, including tech giants and government agencies.
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