Oracle(US:ORCL) Globenewswire·2026-02-19 21:00Core Viewpoint - A class action securities lawsuit has been filed against Oracle Corporation, alleging securities fraud that negatively impacted investors between June 12, 2025, and December 16, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Oracle's AI infrastructure strategy would lead to significant increases in capital expenditures without corresponding near-term revenue growth [2]. - It is alleged that the increased spending poses serious risks to Oracle's debt and credit rating, free cash flow, and ability to fund projects [2]. - The representations made by the defendants regarding Oracle's business operations and prospects are claimed to be materially false and misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until April 6, 2026, to request appointment as lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has a strong track record in high-stakes securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [4].