Oracle sued by bondholders over losses tied to AI buildout

Core Viewpoint - Oracle is facing a lawsuit from bondholders who claim they incurred losses due to the company's failure to disclose the need for significant additional debt sales to finance operations [1] Group 1 - The lawsuit was filed on Wednesday by bondholders against Oracle [1] - The bondholders allege that Oracle, led by billionaire Larry Ellison, did not inform them about the necessity to sell substantial additional debt [1] - The undisclosed debt sales are linked to the company's operational financing needs [1]