April 13, 2026
A North Carolina federal judge Monday issued a temporary restraining order barring a recently laid-off Oracle sales employee from disclosing trade secrets that the software firm alleges he has threatened to sell to the "highest bidder" unless he receives an "unreasonable" fee.
April 10, 2026
Oracle Corp. says one of its recently laid off sales employees has been trying to extort "an unreasonable and outsized fee" by threatening to sell the software firm's trade secrets to the "highest-bidder," asking a North Carolina federal court to prevent the former employee from exposing any sensitive business information.