2 ms·
It's a voluntary dismissal (Federal Rules of Civil Procedure Rule 41(a)(1)(A)(ii)). There's a subtle difference between that and the colloquial idea of a "settl
by pcaharrier 11mo ago
It's a voluntary dismissal (Federal Rules of Civil Procedure Rule 41(a)(1)(A)(ii)). There's a subtle difference between that and the colloquial idea of a "settlement", but it's one that often makes a difference. You can read the filing here: https://www.courtlistener.com/docket/67927585/securities-and-exchange-commission-v-solarwinds-corp/?entry_gte=201#entry-201 https://www.courtlistener.com/docket/67927585/securities-and...
The opinion from last July, in which a judge dismissed a number of the claims the SEC made, is also worth reading for anyone who wants to think about the relative merits of the lawsuit: https://scholar.google.com/scholar_case?case=2215247563728717168&q=sec+v+solarwinds&hl=en&as_sdt=6,47 https://scholar.google.com/scholar_case?case=221524756372871...