SOLARWINDS STOCKHOLDER NOTIFICATION: Kaskela Law LLC Announces Investigation of SolarWinds Corporation (SWI) Buyout Proposal and Encourages Investors to Contact the Firm
March 17, 2025 8:30 AM EDT | Source: Kaskela Law LLC
Philadelphia, Pennsylvania--(Newsfile Corp. - March 17, 2025) - Kaskela Law LLC announces that it is investigating the recently announced buyout of SolarWinds Corporation (NYSE: SWI) ("SolarWinds") shareholders to determine the fairness of the offer to the company's investors.
Click here for 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, which means that the firm's clients never pay any out-of-pocket costs for legal representation. For additional information about Kaskela Law LLC, including the firm's recent notable recoveries 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
This notice may constitute attorney advertising in certain jurisdictions.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244787