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August 22, 2019 08:58 pm GMT

Oracle directors give blessing to shareholder lawsuit against Larry Ellison and Safra Catz

Three years after closing a $9.3 billion deal to acquire NetSuite, several Oracle board members have written an extraordinary letter to the Delaware Court, approving a shareholder lawsuit against company executives Larry Ellison and Safra Catz over the 2016 deal. Reuters broke this story. According to Reuters’ Alison Frankel, three board members, including former U.S. […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/KQU3mDXlWuI/

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