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Hundreds of Key Oracle Records Allegedly Withheld From Plaintiffs

In recently unsealed documents spelling out assertions that Oracle overcharged customers and used millions of dollars to offset other customers' bad debt accounts, a federal insider trading and shareholder fraud suit alleges that hundreds of e-mails and financial records, and even audio interviews with Oracle CEO Larry Ellison, vanished or were improperly withheld. A court showdown looms next month over the plaintiffs' request for default judgment as a sanction for alleged document destruction.

This entry was posted on Monday, October 29th, 2007 at 12:08 pm and is filed under Lawyer - News.