SolarWinds Corp., a company that provided information technology software to private and government entities, was the victim of cybersecurity breach. Russian hackers slipped malicious code into SolarWinds software product called Orion, which was then used to compromise data.
In 2020, SolarWinds Corp., a company that provided information technology software to private and government entities, was the victim of a cybersecurity breach. Russian hackers are.
As discussed in prior issues, Delaware courts have recently refined and limited defenses to Section 220 books and records actions. No longer does a stockholder need to specify the ends.
On October 29, 2021, the Delaware Court of Chancery issued a rare opinion holding that plaintiffs had succeeded in pleading that a board of directors wrongfully had refused their demand to pursue certain claims.