Judge sides with Ellison in Oracle shareholder suit over NetSuite ...
May 13, 2023 · A Delaware judge has ruled in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging that he coerced the company into paying a grossly inflated price to acquire software corporation NetSuite.
Larry Ellison Defeats Conflict Claim on Oracle-NetSuite Deal (3)
May 12, 2023 · Oracle Corp. founder Larry Ellison won a pension fund lawsuit over the company’s 2016 acquisition of rival software maker NetSuite Inc., as a judge ruled that the transaction was negotiated at arm’s length by a “fully-empowered special committee.”
Larry Ellison Defeats Conflict Claim on Oracle-NetSuite Deal
May 12, 2023 · Oracle Corp. founder Larry Ellison won a pension fund lawsuit over the company’s 2016 acquisition of rival software maker NetSuite Inc., as a judge ruled that the transaction was negotiated at ...
Larry Ellison cleared in Oracle NetSuite payment case
May 15, 2023 · Oracle may have overpaid for software company NetSuite, but it wasn't founder Larry Ellison's fault, a Delaware court has decided after a nearly six-year legal fight brought by upset shareholders.
Oracle's Larry Ellison Can Win Lawsuit Even If He Loses - Yahoo Finance
Jul 27, 2022 · The investor suit, brought in a Delaware court by a pension fund, accuses the 8th-richest American and others at Oracle of overpaying by $3 billion for rival software maker NetSuite Inc. in 2016.
Judge sides with Larry Ellison in Oracle shareholder lawsuit over ...
A Delaware judge has ruled in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging that he coerced the board into paying a grossly inflated price to acquire software company...
Judge Sides With Ellison in Oracle Shareholders’ NetSuite Deal …
May 16, 2023 · A Delaware court has ruled in favor of Oracle's Larry Ellison after shareholders alleged that he used his position on the technology company’s board to pay a grossly inflated price -- in a deal valued at $9.3 billion-- to buy software company NetSuite Corp. in 2016.
Judge sides with Ellison in Oracle shareholder suit over NetSuite ...
May 12, 2023 · A Delaware judge has ruled in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging that he coerced the technology company’s board into paying a grossly inflated price to...
Delaware Chancery Court Finds for Defendant Director, CTO and …
Jul 24, 2023 · While Ellison was undeniably a force at Oracle, the Court concluded that he was not a controller. In determining whether Ellison had used his “outsized influence” to cause Oracle to overpay for its acquisition of NetSuite, the Court …
Oracle Wins on Attorney Fee Award in Failed NetSuite Lawsuit
Feb 8, 2024 · Oracle founder Larry Ellison won suit over 2016 deal in May. Judge rejected attorneys fee award, costs sought by Ellison. The Delaware Court of Chancery rejected a $5 million fee award for the attorneys for a pension fund that failed in its challenge to Oracle Corp. ’s 2016 acquisition of NetSuite Inc.