Corp-Ethics Home
Log In | Register New User
Home Company Search Related Articles Forum (new!)

Company Oracle Corporation [Company Info]
  Track this Company (an email will be sent to you everytime a report is filed about this company)

Date Issue Title
27th Sep 2005 Questionable Practice Oracle settles Insider Trading lawsuit

Report
A San Mateo Superior Court judge on Monday postponed signing off on an $100 million settlement agreement between Oracle founder Larry Ellison and Oracle shareholders over an insider trading lawsuit.

Instead, Judge Jonathan Schwartz will review the matter on Nov. 15 and issue his decision on whether to accept the agreement hammered out by the parties. According to a report in the Wall Street Journal, Ellison, Oracle's chief executive, agreed to pay $100 million over a five-year period to charities and $22.5 million in attorneys fees to the plaintiffs. Ellison, who faced allegations he engaged in insider trading in 2001, agreed to the settlement without admitting guilt.

Other Reports on Oracle Corporation
Date Issue Company Report
12th Jun 2003 Questionable Practice Oracle Corporation Tender for PeopleSoft

Related Reports from the Computing & IT Industry
Company Issue Report
AOL TimeWarner Fraud Investigation Time Warner fraud charge settled
Microsoft Corporation Questionable Practice Microsoft faces new fines threat
Microsoft Corporation Other Issue EU warns on Microsoft behaviour
Yahoo Fraud Investigation Company Files Fraud Lawsuit Against Yahoo
AOL TimeWarner Questionable Practice AOL pays out after Spitzer probe
 
Contact Us | Terms of Service | Privacy Policy | Add Report | Links
© 2006 Corp-Ethics.com | Corporate Ethics