NEW YORK, July 21, 2015 /PRNewswire/ -- 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:
or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
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CONTACT: Levi & Korsinsky, LLP Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com
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