Security News > 2024 > July > Judge mostly drags SEC's lawsuit against SolarWinds into the recycling bin

A judge has mostly thrown out a lawsuit brought by America's financial watchdog that accused SolarWinds and its chief infosec officer of misleading investors about its computer security practices and the backdooring of its Orion product.

In a Thursday ruling [PDF], US federal district Judge Paul Engelmayer dismissed all of the so-called "Post-SUNBURST" claims the SEC levied against SolarWinds.

In its lawsuit, the SEC alleged SolarWinds and CISO Timothy Brown underhandedly played down the scope and severity of the cyberattack to the world, which included investors.

Following a motion by SolarWinds to have those allegations binned, Judge Engelmayer rejected those particular claims in his 107-page opinion.

The SEC contends SolarWinds hid the fact that its products and practices had porous cybersecurity.

"We are pleased that Judge Engelmeyer has largely granted our motion to dismiss the SEC's claims," a SolarWinds spokesperson told The Register.

News URL

https://go.theregister.com/feed/www.theregister.com/2024/07/18/sec_solarwinds_lawsuit/