Sizable Chunk of SEC Charges Against SolarWinds Tossed Out of Court

A federal judge dismissed most of the SEC's claims against SolarWinds and CISO Tim Brown concerning statements made after the Sunburst supply-chain breach, but allowed the SEC to pursue allegations that SolarWinds made materially false and misleading representations about its cybersecurity posture before the compromise (including false NIST compliance claims); the ruling and industry reactions are framed as guidance for public-company disclosure and CISO liability.