Thread regarding Oracle Corp. layoffs

Bernstein Litowitz Berger & Grossmann LLP Announces Securities Class Action Suit Filed Against Oracle Corporation And Certain Of Its Executives

https://finance.yahoo.com/news/bernstein-litowitz-berger-grossmann-llp-205500530.html

===========================================

NEW YORK, Aug. 10, 2018 /PRNewswire/ -- Bernstein Litowitz Berger & Grossmann LLP ("BLB&G") today announced that it filed a securities class action lawsuit on behalf of its client City of Sunrise Firefighters' Pension Fund against Oracle Corporation ("Oracle" or the "Company") (ORCL), and certain of its executives (collectively, "Defendants"). The action, which is captioned City of Sunrise Firefighters' Pension Fund v. Oracle Corporation, et al., No. 5:18-cv-04844 (N.D. Cal.), asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act"), 15 U.S.C. §§ 78j(b) and 78t(a), and Rule 10b‑5 promulgated thereunder, 17 C.F.R. § 240.10b-5, on behalf of investors who purchased Oracle's stock between May 10, 2017 and March 19, 2018, inclusive (the "Class Period").

The Complaint alleges that, during the Class Period, 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.

by
| 731 views | | no replies yet | Reply
Post ID: @OP+UDui6jS

There are no replies in this thread yet. Be the first to post a reply below:

Post a reply

: