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EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit against Oracle Corporation – ORCL

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Rosen Law Firm, a global investor rights law firm, announces the filing
of a class action lawsuit on behalf of purchasers of Oracle Corporation
securities (NYSE:ORCL) from May 10, 2017 through March 19, 2018, both
dates inclusive (the "Class Period"). The lawsuit seeks to recover
damages for Oracle investors under the federal securities laws.

To join the Oracle class action, go to the firm's website at http://rosenlegal.com/cases-905.html
or call Phillip Kim, Esq. or Zachary Halper, Esq. toll free at
866-767-3653 or email pkim@rosenlegal.com
or zhalper@rosenlegal.com
for more information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU
MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS
MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN
ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD
PLAINTIFF.

According to the lawsuit, throughout the Class Period defendants issued
false and misleading statements regarding Oracle's cloud revenues and
failed to disclose that these revenues were driven, at least in part, by
improper, coercive sales practices, which included: (1) threatening
existing customers with "audits" of their use of Oracle's non-cloud
software licenses and levying expensive penalties against those
customers, unless the customers agreed to shift their business to Oracle
cloud programs; (2) decreasing customer support for certain Oracle
on-premises or hardware systems, in an effort to drive customers away
from such systems and into cloud-based systems; and (3) strong-arming
customers by threatening to raise the cost of legacy database licenses
dramatically if the customers choose another cloud provider. These
tactics alienated and angered Oracle customers, which in some cases have
not only refused to purchase Oracle's cloud offerings but have also
looked to terminate their existing business relationships. When the true
details entered the market, the lawsuit claims that investors suffered
damages.

A class action lawsuit has already been filed. If you wish to serve as
lead plaintiff, you must move the Court no later than October 9, 2018. A
lead plaintiff is a representative party acting on behalf of other class
members in directing the litigation. If you wish to join the litigation,
go to the firm's website at http://rosenlegal.com/cases-905.html
for more information. You may also contact Phillip Kim, Esq. or Zachary
Halper, Esq. of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com
or zhalper@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm
or on Twitter: https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class
Action Services for number of securities class action settlements in
2017. The firm has been ranked in the top 3 each year since 2013.

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