NEW YORK, Aug. 5, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of SolarWinds, Inc. ("SolarWinds" or the "Company") (NYSE: SWI), concerning whether the board has breached its fiduciary duties to shareholders.
On April 28, 2015, the Company issued a press release stating it was pleased with its first quarter 2015 revenue growth and reaffirming the strength of its business model. On July 16, 2015, the Company disclosed second quarter of 2015 below the Company's previously issued guidance and lowered revenue guidance for the coming quarters.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own SolarWinds shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq. Benjamin I. Sachs-Michaels, Esq. Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212) 935-7400 Email: email@example.com Website: www.hfesq.com Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP