Oracle

  • Accenture will pay $63.7M to settle whistleblower suit

    Accenture Plc has reached an agreement with the U.S. Department of Justice (DOJ) to settle a whistleblower lawsuit for $63.7 million. The settlement will be paid in a single lump sum.

  • Oracle’s $1.3 billion verdict against SAP overturned

    Yesterday U.S. District Judge Phyllis Hamilton overturned Oracle Corp.’s $1.3 billion copyright infringement verdict against rivaling software company SAP AG. The November 2010 verdict, which was a record for copyright infringement case, was “grossly excessive,” according to Hamilton.

  • Oracle, HP under scrutiny from DOJ and SEC

    The Department of Justice (DOJ) recently has increased surveillance of illegal operations among companies and their operations abroad. Current investigations are focused on two of the world’s leading technology companies—Oracle Corp. and Hewlitt-Packard Co. The technology giants face review under the Foreign Corrupt Practices Act (FCPA).

  • Litigation: How to Control Venue for Shareholder Derivative Actions

    Judge Richard Seeborg of the Northern District of California recently denied Oracle Corp.’s motion to dismiss a shareholder derivative lawsuit for improper venue because the company’s forum-selection clause was unilaterally adopted by the Board of Directors (the “Board”) after the alleged wrongdoing had occurred.

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