The Court of Chancery continues its consideration of whether a director or officer’s oversight duties, set forth in the seminal case of In re Caremark International Inc. Derivative.
On October 30, 2023, the US Securities and Exchange Commission ("SEC") announced that it filed charges against SolarWinds Corp. ("SolarWinds" or the "Company") and its Chief Information.
The US Securities and Exchange Commission s issue of a Wells Notice to SolarWinds Corporation s former and current executives this summer is a sharp reminder that there can be serious consequences.
The Delaware State Supreme Court upheld an order by a lower court last year to dismiss a shareholder lawsuit against SolarWinds, but legal experts say the impact of the case is likely to be narrow on new legal challenges.