Oracle(US:ORCL) Prnewswire·2026-02-12 20:00Core Viewpoint - The Gross Law Firm is notifying shareholders of Oracle Corporation regarding a lead plaintiff deadline for a class action lawsuit related to alleged misleading statements and financial risks associated with the company's AI infrastructure strategy [1]. Summary by Relevant Sections Class Action Details - Shareholders who purchased Oracle shares from June 12, 2025, to December 16, 2025, are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1]. - The deadline for seeking lead plaintiff status is April 6, 2026 [1]. Allegations - The lawsuit alleges that Oracle's management made materially false and misleading statements regarding: 1. The AI infrastructure strategy leading to significant increases in capital expenditures without corresponding near-term revenue growth [1]. 2. Increased spending creating serious risks related to Oracle's debt, credit rating, free cash flow, and project funding [1]. 3. Misrepresentations about the company's business operations and future prospects [1]. Next Steps for Shareholders - Shareholders who register will be enrolled in a portfolio monitoring system to receive updates on the case [1]. - Participation in the class action has no cost or obligation for shareholders [1].