SolarWinds beats most of U.S. SEC lawsuit over Russia-linked cyberattack

NEW YORK (Reuters) -A U.S. judge dismissed most of a Securities and Exchange Commission lawsuit accusing software company SolarWinds of defrauding investors by concealing its security weaknesses before and after a Russia-linked cyberattack targeting the U.S. government. 

U.S. District Judge Paul Engelmayer in Manhattan dismissed all claims against SolarWinds and chief information security officer Timothy Brown over statements made after the attack, saying the claims were based on "hindsight and speculation." 

In a 107-page decision on Thursday, the judge also dismissed most SEC claims concerning statements predating the attack, apart from securities fraud claims based on a statement on SolarWinds' website touting the company's security controls.

 By Jonathan Stempel.

Full story at Yahoo News.