Thread regarding Oracle Corp. layoffs

If you are investing in Oracle stock it is recommended to sale now !!

Surprising announcements will soon be part of Oracles Annual Report (10K) Quarterly Report

The SEC needs to depose DD on a whole slew of things given that she’s smack in the middle of the cloud washing set up

"SEC should also question Ms. DD on her latest stock sales"

Being that they were automatic sales, probably not,

SEC should also question Ms. DD on her latest stock sales https://www.nasdaq.com/quotes/insiders/daley-dorian-759983

Is her direct report legal and compliance teams failed to cover up all the internal investigations and practices ?

SEC should take a look at SC’s statements on earnings calls of 80% cloud margins and the financial models behind them, prima face evidence of cloud washing/ fraud right there.

An icicles change in hell that oracle will come clean on all the cloud washing they been doing. And whether the government fines them or not, the private litigation will destroy the 3 stooges and rightly so.

I just been interviewed by Oracle external law firm that conducts internal investigations with respect to the Foreign Corrupt Practices Act (FCPA), international anti-corruption and anti-bribery restrictions, fraud, kickbacks and accounting irregularities.

They told me that they represents Oracle in such matters before the United States Department of Justice (DOJ), the Securities and Exchange Commission (SEC), other federal and state agencies, and international regulatory bodies.

They are now leading some internal investigations in Latin America, throughout Western and Eastern Europe, Asia, Africa, and the Middle East.

The leading litigation practice lawyer told me that they been hired to structures commercial arrangements to protect against compliance risks to Oracle.

It will be difficult to them to defend Oracle in investigations of potential corruption and they are trying to convinced the top executives in Oracle on voluntary disclosures of the matters to the DOJ and the SEC so they can obtain a complete declination from the DOJ and the SEC related to all of the matters (no fines or penalties).

Anyone else been interview and briefed by external law firm ?

Next Q report will be fascinating. 4th q with NetSuite so no bump, audits much less effective on generating revenues, and the big question - how much cloud washing revenue with the 3 stooges contrive given the SEC’s investigation? Can’t wait to find out. Expect a bad cloud quartet, only question is how bad. Stooges will have to chose between disappointing the market or more potential legal exposure. No wonder SC sold stock last month

The SEC needs to go and interview customers who paid for the cloud credits to get the skinny on how they were induced to pay for something they’re not using. Hint: audits and an offer to buy cloud credits they would never use they couldn’t refuse, because the cost of the cloud credits is less than what oracle would otherwise demand based on the audit ‘findings’.

DD and her Compliance and legal organizations are now in "damage control" of several cases of employees that been reporting to the authorities on Oracle corrupted practices.

I know what you’re saying, but in all thruth, more like disorganized crime - total mess with easy to find evidence everywhere. Just correlate audits to new cloud ‘sales’ with low or no usage and bingo!

Oracle is acting now like organized crime

Yeah, right. Who is going to believe me? I am just one person.

What is needed is some kind of class-action lawsuit. Lots of people who have been screwed over by devious managers, supported by other management and HR. Sabotaged, attacked, etc.

Wonder if anything like that could be set up?

Just get in touch with the State Attorney General in your state and inform them of your labor treatment greviances

I wish someone would look into the treatment of employees. That probably won't happen. Money is important, employees are not.

Oracle compliance and ethics organizations is now in a massive cover up and mess cleaning.

Keep on the sh--ty work Vamos & co

There wouldn't necessarily be anything out there about the investigation until there are some results to be published.

Links or it's not happening.

It’s how it all ends that matters; not what you can find on google right now

Here's a story about a company that really is under SEC investigation:

http://money.cnn.com/2018/01/24/investing/ge-sec-investigation-insurance-accounting/index.html

I did a google search for "Oracle SEC investigation" and the only thing I found was a 2012 article about a Foreign Corrupt Practices Act violation. Nothing about the alleged cloudwashing investion.

So relevant as this SEC investigation will shake the entire corporate and stock price.

The changes will cause reduction in force in so called Cloud LOB.

"Because it’s very relevant"

No, it's not. It just reeks of sour grapes. People come here to read about layoff rumors, not personal vendettas. Yeah, you got laid off. It s*cks. We get it.

Because it’s very relevant

why is this thread still here? Nothing layoff related.

"She’s so out of there!"

Weren't people saying that last year when she sold another 5M shares?

She’s so out of there!

SC Shares traded

2016 - 4,163,062 - bulk sold in March

2017 - 5,136,564 - bulk sold in March

2018 - 5,000,000 - only January

She's unloaded as many or more in January as she has the two other years in total.

Could be SC knows I'm right. Stock below $30 by the end of calendar year 2018.

From Oracle Code of Conduct :

Insider trading and securities laws provide substantial civil and criminal penalties for individuals who fail to comply. If you trade in Oracle securities or the securities of any other company trading on a United States stock exchange, you are subject to United

States securities laws, any other securities or insider trading laws that

may apply to you locally, and Oracle’s Insider Trading Policy.

Securities include:

• Common stocks;

• Bonds;

• Employee stock options;

• Futures;

• Derivatives; and

• Other financial instruments.

Oracle employees who possess material, nonpublic information gained through their work at Oracle may not trade in Oracle securities or the securities of another company to which the information pertains. Employees may not engage in any other action to take advantage of or pass on to others

(i.e., “tip”) material information before its release to the public at large and for a period of time after it is publicly disclosed. These restrictions also apply to spouses and family members.

Material information is any information that a reasonable investor would consider important in a decision to buy, hold, or sell securities. It includes any information that could reasonably be expected to cause a change in the price of securities of Oracle or the securities of another company to which the information relates.

Such information may include financial performance or significant changes in financial performance or liquidity (including forecasts); potential or ongoing major mergers, acquisitions, joint ventures, or

divestitures; award or cancellation of a major contract; changes in key management; changes in auditors, knowledge of a qualification in an auditor’s opinion or report or any change in the ability to

rely on prior auditor reports; actual or threatened significant litigation or investigations; and gain or loss of a substantial customer or supplier

Missed a number in Jan 2018, I think the totals for SC should be:

Shares traded

2016 - 4,163,062 - bulk sold in March

2017 - 5,136,564 - bulk sold in March

2018 - 5,000,000 - only January

She could be cashing in now because she knows what's coming up.

SC's trades from : http://www.nasdaq.com/quotes/insiders/catz-safra-417635

ORACLE CORP Officer 01/17/2018 Automatic Sell direct 4,549,153 50.0496 587,013

ORACLE CORP Officer 01/16/2018 Automatic Sell direct 450,847 50.0112 587,013

ORACLE CORP Officer 08/01/2017 Disposition (Non Open Market) direct 136,564 50.16 587,013

ORACLE CORP Officer 05/01/2017 Automatic Sell direct 394,081 45.0107 461,860

ORACLE CORP Officer 04/26/2017 Automatic Sell direct 103,520 45.0074 461,860

ORACLE CORP Officer 04/03/2017 Automatic Sell direct 8,159 45 461,860

ORACLE CORP Officer 03/28/2017 Automatic Sell direct 46,767 45.011 461,860

ORACLE CORP Officer 03/24/2017 Automatic Sell direct 518,072 45.0246 461,860

ORACLE CORP Officer 03/23/2017 Automatic Sell direct 819,829 45.0225 461,860

ORACLE CORP Officer 03/22/2017 Automatic Sell direct 109,572 45.135 461,860

ORACLE CORP Officer 03/21/2017 Automatic Sell direct 3,000,000 44.9873 461,860

ORACLE CORP Officer 07/26/2016 Disposition (Non Open Market) direct 163,062 40.94 461,860

ORACLE CORP Officer 03/28/2016 Automatic Sell direct 4,000,000 40.6646 312,424

Shares traded

2016 - 4,163,062 - bulk sold in March

2017 - 5,136,564 - bulk sold in March

2018 - 4,549,153 - only January

She does seem to be cashing in early this year. Perhaps she thinks the $50 price will go away soon.

Also see link previously listed here: http://www.nasdaq.com/symbol/orcl/insider-trades

"Safra sale of her stock options is the red flag for SEC"

Did she sell stock, or did she exercise options?

One of the principal architect of the cloud washing machine

interesting insider trading of Oracle executives including Dorian D.

http://www.nasdaq.com/symbol/orcl/insider-trades

Safra sale of her stock options is the red flag for SEC: she sets up the cloud washing machine, misrepresent the financial condition of oracle’s cloud offerings and sells the stock at a historically high price.

The SEC should talk to JO, she ran software sales before she left and must have somebbeans to spill on how the 3 stooges set up the cloud washing machine.

She probably only gets money from him as long as she keep quiet so don’t hold your breath

The last ex-wife was a novelist...not a bestseller type, but after her business deal (a.k.a. marriage) to LE ended she may have decided to put down the keyboard. Would be great to get the inside dope though!!

When the 3 stooges are done destroying oracle and following a presidential pardon, they will join the Administration - after all destroying America one company at a time is just too darn inefficient

His last one was a failed novelist, wasn’t she?

“Will finally make for a good novel by LE’s x-wife.” Which ex-wife? There are 4 if them. LE’s current arm ornament is a girlfriend.