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SolarWinds is being investigated by the Securities and Exchange Commission, filing shows

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SolarWinds Corp.
SWI,
-2.63%

disclosed late Monday that it faces a number of government investigations, including from the Securities and Exchange Commission, following a massive Russian cyberattack that was announced late last year. The company has come under fire as large SolarWinds investors were able to sell about $300 million in SolarWinds stock a few days before the attack was announced, The Washington Post reported, raising concern that the investors may have had access to inside information. SolarWinds said in its Monday annual filing with the SEC that it was “cooperating and providing information in connection with these investigations and inquiries,” which come from the SEC, Department of Justice, and some state attorneys general. The Washington Post reported on the new SEC inquiry late Monday. Shares are off 2.5% in Tuesday morning trading. They’ve declined 28% over the past three months as the S&P 500
SPX,
-0.52%

has risen 6%.

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