5:18cv4844 • August 10, 2018
Class Period Start
May 10, 2017
Class Period End
September 17, 2018
PSLRA Deadline
October 9, 2018
Case Allegations
10b5
Statutes of Repose
May 10, 2020
Country
United States
Court
Federal Court
Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.
Claim Deadline
February 3, 2023
Settlement Fund
$17,500,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased or acquired the common stock of Oracle Corporation during the period from May 10, 2017 through June 20, 2018, inclusive.
Claim Administrator
A.B. Data, Ltd.
Oracle Securities Litigation
c/o A.B. Data, Ltd.
P.O. Box 173035
Milwaukee, WI 53217
+1 877-354-3810
[email protected]
Settlement Website
http://oraclesecuritieslitigation.com/Hearing Date
January 12, 2023
Opt-out Deadline
December 22, 2022
Settlement Note
Download hereProof Of Claim
Download here
Mar 15, 2024
The court has approved the distribution of settlement funds to eligible class members. Investors with approved claims may receive payments from the settlement. If you have questions about your claim or payment, contact the claims administrator.
Jan 13, 2023
The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.
Oct 6, 2022
To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.
Sep 15, 2022
Preliminary Approval of Settlement
The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.
Jul 11, 2022
May 23, 2022
May 9, 2022
The court has determined that a class action is the appropriate method to bring the claims by class members. Usually, when a class is certified, the judge will also affirm an individual or entity to represent the class and finalize a class definition (i.e.: who is represented in the lawsuit).
Oct 8, 2021
Motion for Class Certification
The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.
May 25, 2021
Apr 30, 2021
Apr 8, 2021
Mar 22, 2021
Motion to Dismiss Denied in Part
The court has determined that plaintiffs have adequately alleged some of their claims, but have failed to adequately allege other claims. The judge has therefore denied in part the motion to dismiss filed by defendants and written an order stating which claims are dismissed and which remain. The case will proceed and parties will litigate the remaining claims.
Apr 23, 2020
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Mar 2, 2020
Feb 17, 2020
A new complaint has been filed on behalf of certain investors in ORACLE CORP. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Feb 13, 2020
Dec 17, 2019
The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.
Apr 19, 2019
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Mar 8, 2019
A new complaint has been filed on behalf of certain investors in ORACLE CORP. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Jan 7, 2019
Dec 21, 2018
The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.
Aug 10, 2018
A securities fraud class action complaint has been filed on behalf of certain investors in ORACLE CORP.
Aug 10, 2018
Another plaintiff has filed a complaint on behalf of investors in ORACLE CORP. The allegations and class definitions are substantively the same.
Aug 10, 2018
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