Oracle(US:ORCL) Globenewswire·2026-02-11 22:00Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Oracle Corporation regarding a class action lawsuit due to alleged misleading statements and financial risks associated with the company's AI infrastructure strategy [1][3]. Group 1: Allegations - The complaint alleges that during the class period from June 12, 2025, to December 16, 2025, Oracle's management made materially false and misleading statements [3]. - It is claimed that the company's AI infrastructure strategy would lead to significant increases in capital expenditures without corresponding near-term revenue growth [3]. - The increased spending is said to pose serious risks to Oracle's debt and credit rating, free cash flow, and ability to fund its projects [3]. Group 2: Class Action Details - Shareholders who purchased shares of Oracle during the specified class period are encouraged to register for the class action, with a deadline of April 6, 2026, to seek lead plaintiff status [4]. - Participants will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [4]. - There is no cost or obligation for shareholders to participate in this case [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and illegal business practices [5]. - The firm aims to ensure companies engage in responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].