Core Viewpoint - Robbins LLP has initiated a class action lawsuit against Oracle Corporation on behalf of investors who acquired Oracle's common stock between June 12, 2025, and December 16, 2025, alleging that the company misled investors regarding its AI infrastructure capabilities and capital expenditures [1]. Group 1: Allegations and Financial Impact - The lawsuit claims that Oracle misrepresented its data center capabilities for AI infrastructure and falsely assured investors that significant capital expenditures would lead to rapid revenue growth [1]. - It is alleged that Oracle failed to disclose that its AI infrastructure strategy would lead to substantial increases in capital expenditures without corresponding near-term revenue growth, raising concerns about the company's debt, credit rating, and free cash flow [1]. - Following a series of disclosures from September to December 2025, Oracle's stock experienced a significant decline, particularly after Blue Owl Capital withdrew from a $10 billion funding deal for an Oracle data center intended for OpenAI, resulting in a stock price drop of $10.19 per share, or approximately 5.4% [1]. Group 2: Shareholder Actions - Shareholders may be eligible to participate in the class action lawsuit against Oracle and must submit their papers to the court by April 6, 2026, if they wish to serve as lead plaintiffs [1]. - Participation in the lawsuit is not required to be eligible for recovery, and shareholders can choose to remain absent class members [1]. - All legal representation is on a contingency fee basis, meaning shareholders incur no fees or expenses unless there is a recovery [1].
ORCL Stock Alert: Robbins LLP Urges Investors With Large Losses to Contact the Firm About Leading the Class Action Lawsuit Against Oracle Corporation