U.S. Appeals Court Rules Favorably for Rimini Street
Rimini Street, Inc. (RMNI)
US:NASDAQ Investor Relations:
investors.riministreet.com/investor-relations
Company Research
Source: Business Wire
Decision should result in refund of up to nearly $50 million to Rimini Street LAS VEGAS--(BUSINESS WIRE)-- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products, today provides the following statement related to a decision entered by the United States Court of Appeals for the Ninth Circuit in Oracle vs. Rimini Street: “Today, the Court of Appeals reversed certain awards made in Oracle’s favor during and after our 2015 trial, and vacated others, including an injunction that had already been stayed by the appellate court. Rimini Street should eventually receive a refund of up to nearly $50 million of the judgment previously paid by Rimini Street to Oracle. The appellate court also overturned all awards and judgments against Rimini Street’s CEO, Seth A. Ravin.
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News
- Rimini Street Earns Four 2024 Top Rated Awards from TrustRadius in the Services Category [Yahoo! Finance]Yahoo! Finance
- Rimini Street Earns Four 2024 Top Rated Awards from TrustRadius in the Services CategoryBusiness Wire
- Rimini Street, Inc. (NASDAQ:RMNI) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Rimini Street, Inc. Just Missed EPS By 82%: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- Rimini Street, Inc. (NASDAQ: RMNI) had its price target lowered by analysts at Alliance Global Partners from $5.50 to $4.50. They now have a "buy" rating on the stock.MarketBeat
RMNI
Earnings
- 5/2/24 - Miss
RMNI
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- RMNI's page on the SEC website