Summary of Case:
Scott+Scott, Attorneys at Law, LLP ("Scott+Scott"), a national shareholder and consumer rights litigation firm, announces the commencement of an investigation into Oracle Corporation ("ORCL" or the "Company") (NYSE: ORCL) related to potential violations of federal securities laws. Oracle investors can contact Joseph Halloran at (646) 582-0121 or email mailto:firstname.lastname@example.org?subject=oracle for information.
Oracle develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide.
On June 1, 2016, after market close, several media outlets reported that a former senior finance manager filed a lawsuit against Oracle for allegedly firing her for complaining about improper accounting practices in its cloud services business.
Following this news, the Company's shares fell as much as $1.98 per share during intraday trading on June 2, 2016.
What You Can Do
If you purchased shares of Oracle stock, you may have legal claims against the Company. If you have questions about your legal rights, please contact attorney Joseph Halloran at (800) 404-7770 or (646) 582-0121, or at mailto:email@example.com?subject=oracle.
About Scott + Scott, Attorneys at Law, LLP
Scott+Scott has significant experience prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm has offices in New York, London, Connecticut, California, and Ohio. Please visit www.scott-scott.com for more information about the firm.
Joseph V. Halloran
Scott+Scott, Attorneys at Law, LLP
If you purchased this company's shares during the Class Period and suffered a loss or for further information about the case, please review the links below.