Friday, August 10, 2018

Oracle Accused of Defrauding Investors on Cloud Sales Growth

The investor leading the case, the City of Sunrise Firefighters’ Pension Fund, claimed Oracle engaged in coercion and threats to sell its cloud-computing products, creating an unsustainable model that fell apart, according to the suit seeking class-action status and filed Friday in San Jose, California.
by Bloomberg via IT Pro - Microsoft Windows Information, Solutions, Tools

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