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Klein v. Ellison et al
Case Number:
3:20-cv-04439
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
Judge:
Firms
- Atkinson Andelson
- Crowell & Moring
- Johnson Fistel
- Morrison & Foerster
- Orrick Herrington
- Paul Hastings
- Renne Public Law Group
Companies
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May 24, 2021
Oracle, Ellison Dodge Investor Suit Over Board Diversity
A California federal magistrate judge ruled that a shareholder derivative action against Oracle Corp. failed to show that board members and billionaire co-founder Larry Ellison misled the public about Oracle's diversity commitments.
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April 08, 2021
Oracle, Ellison Try To End Investors' Systemic Racism Claims
Oracle Corp., its billionaire co-founder Larry Ellison and members of its board of directors urged a California federal magistrate judge Thursday to toss shareholders' derivative suit alleging the software giant's leadership engaged in systemic racism, calling the shareholders' discrimination theory "just a made-up daisy chain" based on "pure conclusion."