Oracle(US:ORCL) Globenewswire·2026-03-31 19:00Core Viewpoint - Oracle Corporation is facing securities fraud class action lawsuits due to alleged misleading statements regarding its AI infrastructure strategy and capital expenditures during the Class Period from June 12, 2025, to December 16, 2025 [2][4][5]. Summary by Relevant Sections Lawsuit Details - The lawsuits have been filed on behalf of investors who purchased Oracle securities during the specified Class Period, with the first lawsuit pending in the U.S. District Court for Delaware [2][7]. - Investors have until April 6, 2026, to move the Court to serve as lead plaintiff for the class [3][9]. Allegations Against Oracle - Allegations include that Oracle misrepresented its AI infrastructure strategy, leading to increased capital expenditures without corresponding revenue growth [5][6]. - The complaints assert that Oracle's increased spending posed risks to its debt, credit rating, and free cash flow, which were not disclosed to investors [5]. Stock Price Impact - Oracle's stock price dropped significantly following disclosures about its financial commitments and risks associated with its AI projects. For instance, on September 24, 2025, the stock fell by $5.37, or nearly 2%, after S&P Global Ratings raised concerns about revenue dependency on OpenAI [6][8]. - Further declines occurred after reports that Blue Owl Capital withdrew from a $10 billion funding deal for Oracle's data center, resulting in a drop of $10.19, or approximately 5.4%, on December 17, 2025 [8]. Investor Actions - Investors are encouraged to contact Kessler Topaz Meltzer & Check, LLP for legal representation and recovery options, with no cost or obligation to discuss their rights [3][10].