Shareholders sue Oracle over misleading statements related to $300 billion OpenAI data center build-out — disgruntled plaintiffs say the company lied about how much money it needed to borrow

Shareholders sue Oracle over misleading statements related to $300 billion OpenAI data center build-out — disgruntled plaintiffs say the company lied about how much money it needed to borrow


A group of investors have filed a class action lawsuit against Oracle, contending that it made misleading statements during its initial $18 billion bond drive, resulting in potential losses of $1.3 billion.

Sign in to read the full article.

Sign in with Google

Settings

Appearance
API Keys