SWI SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Involving Possible Securities Fra...
July 17 2015 - 1:37PM
Business Wire
Levi & Korsinsky announces it has commenced an investigation
of SolarWinds, Inc. (NYSE: SWI) concerning possible violations of
federal securities laws. The investigation concerns whether certain
statements made by SolarWinds regarding their business and
prospects were false and misleading. On July 16, 2015, just before
the close of the market, SolarWinds announced that its total
revenue for the second quarter was $119.1 million despite having
previously announced that it expected to achieve total revenue in
the range of $120.6-$123.8 million. Further, SolarWinds lowered its
full-year 2015 outlook from $512-$527 million to $502-$512 million.
On this unfavorable news, the share price of SolarWinds fell $6.98
or approximately 15% in pre-market trading on July 17, 2015. To
obtain additional information, go to:
http://zlk.9nl.com/solarwinds-swi
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits.
Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT:Levi & Korsinsky, LLPEduard Korsinsky, Esq.30 Broad
Street - 24th FloorNew York, NY 10004Tel: (212) 363-7500Toll Free:
(877) 363-5972Fax: (212) 363-7171www.zlk.com
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version on businesswire.com: http://www.businesswire.com/news/home/20150717005730/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.(212) 363-7500,
toll-free: (877) 363-5972jlevi@zlk.com
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