Thieler Law Corp advises investors with losses exceeding $100,000 of the September 29, 2015 lead plaintiff deadline in a class action lawsuit filed against SolarWinds Inc (NYSE: SWI) (“SolarWinds” or “the Company”). The suit is pending in the U.S. District Court for the Western District of Texas and investors, who purchased SolarWinds securities between April 28, 2015 and July 16, 2015, have until September 29, 2015 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased SolarWinds securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 866-6157 or emailing mail@thielerlaw.com .  No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that SolarWinds Inc’s domestic business was struggling against the Company’s expectations and that the Company’s license sales growth of core license products and resulting license revenue was lower than expectations and guidance. Also the complaint asserts that the Company failed to disclose that the overall quality of the "demand capture" the Company was reserving for certain core products was dropping causing defendants' statements to be materially false and misleading at all relevant times.

On July 16, 2015, SolarWinds reported that its second quarter earnings failed to meet expectations. Additionally, SolarWinds lowered its full-year 2015 outlook from $512-$527 million to $502-$512 million. On this news, shares of SolarWinds fell $11.51 per share or over 24% to close at $35.54 per share on July 17, 2015. If you were negatively impacted by your investment in SolarWinds securities between April 28, 2015 and July 16, 2015and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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