ORACLE CORPORATION INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Oracle Corporation - ORCL
Oracle Corporation (ORCL)
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Source: Business Wire
NEW ORLEANS--(BUSINESS WIRE)-- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Oracle Corporation (NYSE: ORCL). In January 2017 the U.S. Department of Labor (“DOL”) filed suit against the Company’s subsidiary, Oracle America, Inc., alleging systemic pay discrimination practices against female, African American, and Asian employees and other discriminatory employment practices. Recently, the presiding judge denied Oracle’s request to dismiss the case and the DOL amended its complaint to add additional evidence that, among other things, Oracle underpaid female and nonwhite workers by more than $400 million over four years and steered such employees to low-level positions with low starting salaries resulting in “female, black and Asian employees with years of experience [bein
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ORCL
Earnings
- 3/11/24 - Beat
ORCL
Sec Filings
- 3/27/24 - Form 4
- 3/25/24 - Form 144
- 3/19/24 - Form 4
- ORCL's page on the SEC website