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ORCL INVESTORS ALERT: Lieff Cabraser Announces Securities Class Action Against Oracle Corporation


The law firm of Lieff Cabraser Heimann & Bernstein, LLP announces that class
action litigation has been filed on behalf of investors who purchased or
otherwise acquired the publicly traded securities of Oracle Corporation

("Oracle" or the "Company") (NYSE:ORCL) between May 10, 2017 and March
19, 2018, inclusive (the "Class Period").

If you purchased or otherwise acquired Oracle's publicly traded
securities during the Class Period, you may move the Court for
appointment as lead plaintiff by no later than October 9, 2018. A lead
plaintiff is a representative party who acts on behalf of other class
members in directing the litigation. Your share of any recovery in the
actions will not be affected by your decision of whether to seek
appointment as lead plaintiff. You may retain Lieff Cabraser, or other
attorneys, as your counsel in the actions.

investors who wish to learn more about the litigation and how to seek
appointment as lead plaintiff should click here
or contact Sharon M.
Lee of Lieff Cabraser toll-free at 1-800-541-7358.

Background on the Oracle Securities Class Litigation

Oracle, incorporated in Delaware and with headquarters in Redwood City,
California, is a multinational technology company.

The action alleges that Defendants violated provisions of the Exchange
Act by issuing false and misleading press releases, filings with the
U.S. Securities and Exchange Commission ("SEC"), and statements during
investor and analyst conference calls. Throughout the Class Period,
Defendants misrepresented the true drivers of the Company's cloud
revenue growth. In particular, Defendants falsely attributed the
Company's revenue growth in its cloud segment to a variety of factors
and initiatives, including, among other things, Oracle's "unprecedented
level of automation and cost savings," as well as the Company being
"customer-focused" and "intimate partners with [its] customer." In
truth, Oracle drove sales of cloud products using threats and extortive
tactics. Among other things, the Company threatened current customers
with "audits" of their use of the Company's non-cloud software licenses
unless the customers agreed to shift their business to Oracle cloud
programs. The use of such tactics concealed the lack of real demand for
Oracle's cloud services, making the growth unsustainable and ultimately
driving away customers.

Plaintiff alleges the truth was revealed on March 19, 2018, when the
Company disclosed that cloud revenue growth had stagnated, and
forecasted significantly slower sales growth for its cloud business than
its competitors. Specifically, the Company reported that quarterly cloud
revenue rose only 32% (half of the average reported quarterly growth
over the past two years), and the Company projected further declines in
cloud sales growth the following quarter. On this news, Oracle's stock
price declined $4.90 per share, or nearly 9.5% per share, on March 20,
2018—the Company's largest single-day stock drop in over five years.
Following the March 19 financial disclosures, analysts and market
commentators connected Oracle's poor financial performance to its
improper sales tactics. Gartner, Inc.—a leading research and advisory
company—observed that Oracle had to rely on coercive practices because
its cloud-based offering is not as sophisticated as others on the market.

About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco,
New York, Nashville, and Seattle, is a nationally recognized law firm
committed to advancing the rights of investors and promoting corporate

The National Law Journal has recognized Lieff Cabraser as one of
the nation's top plaintiffs' law firms for 15 years. In compiling the
list, the NLJ examines recent verdicts and settlements and looks
for firms "representing the best qualities of the plaintiffs' bar and
that demonstrated unusual dedication and creativity." Law360
selected Lieff Cabraser as one of the "Top 50 Law Firms Nationwide for
Litigation," highlighting our firm's "laser focus" and noting that Lieff
Cabraser routinely finds itself "facing off against some of the largest
and strongest defense law firms in the world." The publication
separately named our firm one of five "2017 California Powerhouses," the
only plaintiffs' firm on the list. Best Lawyers and U.S. News
named Lieff Cabraser as a "Law Firm of the Year" from 2012 through 2016,
and the firm has received a number of other recent honors, awards, and
recognition, including the National Law Journal's "Elite Trial
Lawyers," Law360's "Most Feared Plaintiffs' Firms," and Benchmark
"Top 10 Plaintiffs Firms in America."

For more information about Lieff Cabraser and the firm's representation
of investors, please visit

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

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