Oracle Corporation Investigated by the Portnoy Law Firm
OracleOracle(US:ORCL) Globenewswire·2026-01-15 15:08

Core Viewpoint - The Portnoy Law Firm has initiated an investigation into potential securities fraud involving Oracle Corporation and may file a class action on behalf of investors [1]. Group 1: Legal Actions - Investors are encouraged to contact the Portnoy Law Firm to discuss their legal rights and options for pursuing claims to recover losses [2]. - The firm offers complimentary case evaluations for investors affected by the alleged corporate wrongdoing [4]. Group 2: Financial Developments - On September 10, 2025, Oracle announced a $300 billion, five-year cloud computing contract with OpenAI to supply computing power [3]. - Reports on November 13, 2025, indicated that Oracle was seeking to raise an additional $38 billion in debt sales to fund its AI buildout, which led to a stock price drop of $9.42 per share, or 4.15%, closing at $217.57 per share [3]. - During a December 10, 2025 earnings call, Oracle's Executive Vice President disclosed an expected increase in fiscal 2026 capital expenditures by about $15 billion, resulting in a further stock price decline of $24.16 per share, or 10.83%, closing at $198.85 per share on December 11, 2025 [3].