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US SEC, SolarWinds reach preliminary deal to end breach lawsuit
US SEC, SolarWinds reach preliminary deal to end breach lawsuit

Yahoo

time02-07-2025

  • Business
  • Yahoo

US SEC, SolarWinds reach preliminary deal to end breach lawsuit

By Chris Prentice and AJ Vicens NEW YORK (Reuters) -The U.S. Securities and Exchange Commission has reached a deal in principle with SolarWinds Corp and its top security officer to end litigation tied to a Russia-linked cyberattack involving the software firm, they said in a court filing on Wednesday. The SEC, SolarWinds and its chief information security officer, Timothy Brown, asked a federal judge on Wednesday to stay court proceedings while they finalize paperwork for a settlement. The judge granted their motion, filings showed. In what was seen as a landmark case, the SEC sued the software company and its top security executive in connection with a two-year cyberattack known as Sunburst that targeted Austin, Texas-based SolarWinds. A judge dismissed much of the regulator's case last year. The SEC had said that the defendants defrauded investors by concealing security weaknesses, but U.S. District Judge Paul Engelmayer, who approved the stay, had said that the claims were based on "hindsight and speculation." An SEC spokesperson declined to comment on the matter beyond the public filings. SolarWinds did not immediately respond to requests for comment. The parties said they planned to file settlement paperwork or a joint status report by September 12. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

US SEC, SolarWinds reach preliminary deal to end breach lawsuit
US SEC, SolarWinds reach preliminary deal to end breach lawsuit

Yahoo

time02-07-2025

  • Business
  • Yahoo

US SEC, SolarWinds reach preliminary deal to end breach lawsuit

By Chris Prentice and AJ Vicens NEW YORK (Reuters) -The U.S. Securities and Exchange Commission has reached a deal in principle with SolarWinds Corp and its top security officer to end litigation tied to a Russia-linked cyberattack involving the software firm, they said in a court filing on Wednesday. The SEC, SolarWinds and its chief information security officer, Timothy Brown, asked a federal judge on Wednesday to stay court proceedings while they finalize paperwork for a settlement. The judge granted their motion, filings showed. In what was seen as a landmark case, the SEC sued the software company and its top security executive in connection with a two-year cyberattack known as Sunburst that targeted Austin, Texas-based SolarWinds. A judge dismissed much of the regulator's case last year. The SEC had said that the defendants defrauded investors by concealing security weaknesses, but U.S. District Judge Paul Engelmayer, who approved the stay, had said that the claims were based on "hindsight and speculation." An SEC spokesperson declined to comment on the matter beyond the public filings. SolarWinds did not immediately respond to requests for comment. The parties said they planned to file settlement paperwork or a joint status report by September 12.

It's Sunburst Races weekend. Here's what to know about participating, bus detours
It's Sunburst Races weekend. Here's what to know about participating, bus detours

Yahoo

time30-05-2025

  • General
  • Yahoo

It's Sunburst Races weekend. Here's what to know about participating, bus detours

Thousands of walkers and runners will descend on downtown South Bend Saturday, May 31, for Sunburst Races, and Friday night events for runners will begin the celebration. Participants are going to Century Center to pick up bibs and race packets from noon until 7 p.m. Friday, May 30. Century Center, specifically the Jefferson Boulevard Bridge nearby, will be the start and finish lines on Saturday, May 31, for the entire schedule of Sunburst runs and walks. The 5K and half marathons begin at 7 a.m., while the 10K run starts at 7:35 a.m. The 5K Fitness Walk begins at 9 a.m., and race officials warn the finish line will be open until 10:45 a.m. For information on whether people still can sign up for Sunburst, go to Century Center or go to Sunburst will result in several detours and changes to bus routes and times by the South Bend Public Transportation Corporation (Transpo) Friday, May 30, and Saturday, May 31. Officials said ridersare being encouraged to review the detours in advance and plan their travel accordingly. Here are the route-by-route changes that will be in place because of the Sunburst Races: ■ Beginning at 6 p.m., Route 9 outbound buses will travel from Martin Luther King Drive right on Colfax, right on Frances, left on Northside, and left on Clover before they resume their regular route. Route 9 inbound buses will travel from Mishawaka Avenue and will turn left on Clover, right on Northside, right on Frances, left on Colfax,left on Martin Luther King Drive into the South Street Station. ■ Route 13 outbound buses will travel from Martin Luther King Drive right on Colfax and left on Hill before they resume their regular route. Route 13 inbound buses will travel from Hill and will turn right on Colfax, left on Main into the South Street Station. ■ Route 9 outbound buses will leave Martin Luther King Drive and travel right on Colfax, right on Frances, left on Northside, right on Sample, left on Lincoln Way before they resume their regular route. Route 9 inbound buses will travel from Lincoln Way to Martin Luther King Drive and go left to the South Street Station. ■ Route 13 outbound buses will take Martin Luther King Drive and continue on Michigan, turn right on North Shore/Howard to Corby before they resume their regular route. Route 13 inbound buses will travel from Corby to Howard, turn left on Michigan to Martin Luther King Drive into the South Street Station. Detours may change based on race traffic, and riders may experience delays throughout the information, follow SBTranspo on Facebook and Twitter or visit Email Tribune staff writer Greg Swiercz at gswiercz@ This article originally appeared on South Bend Tribune: Bus detours announced as Sunburst Races take over South Bend streets

Multiple instruments taken from Florence music store, owners say
Multiple instruments taken from Florence music store, owners say

Yahoo

time20-02-2025

  • Yahoo

Multiple instruments taken from Florence music store, owners say

FLORENCE, Ala. (WHNT) — A music store in Florence was broken into and multiple instruments were taken on Wednesday night, according to the store's owners. The Sound Shoppe, located on Florence Boulevard, posted to social media on Thursday morning asking the public to be on the lookout for six instruments that were taken. Mid-Lauderdale Volunteer Fire Department receives $10,000 grant for lifesaving medical equipment The instruments included a customer's Washburn banjo that the store had just completed repairing, a Fender acoustic 12 string DG-16S12, an Oscar Schmidt acoustic OG10CESM, an Austin acoustic satin sunburst, an Austin acoustic/electric Blonde Cutaway and an Austin electric (Tele style Sunburst). The shop owners are urging anyone who sees or hears anything about these instruments to contact them. 'These could be pawned or they may attempt to sell on marketplace,' the store's post said. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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