PHILADELPHIA, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating SolarWinds Corporation (NYSE: SWI) (“SolarWinds”) on behalf of the company’s current shareholders.
Additional information: https://kaskelalaw.com/case/solarwinds-corp/
On February 7, 2025, SolarWinds announced that it had agreed to be acquired by private equity firm Turn/River Capital at a price of $18.50 per share. Following the closing of the transaction, SolarWinds’ shareholders will be cashed out of their investment position and the company’s shares will no longer be publicly traded.
The investigation seeks to determine whether $18.50 per share represents sufficient monetary consideration to SolarWinds’ investors for their shares. Notably, at the time the buyout was announced, Wedbush was maintaining a price target for SWI shares of $20.00 per share.
SolarWinds shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750 to receive additional information about this investigation and their legal rights and options. Alternatively, investors may submit their information to the firm and request a consultation by clicking on the following link (or by copying and pasting the link into your browser):
https://kaskelalaw.com/case/solarwinds-corp/
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC, including a snapshot of the firm’s recent accomplishments for investors, please visit www.kaskelalaw.com.
CONTACT:
KASKELA LAW LLC
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 229 – 0750
www.kaskelalaw.com
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