Glancy Prongay Wolke & Rotter LLP, a top law firm specializing in securities fraud cases

Glancy Prongay Wolke & Rotter LLP, a prominent national law firm specializing in shareholder rights, has recently initiated a securities fraud class action lawsuit on behalf of investors who bought or otherwise acquired Oracle Corporation (“Oracle” or the “Company”) (NYSE: ORCL) securities from June 12, 2025, to December 16, 2025, inclusive (referred to as the “Class Period”). Investors in Oracle have until April 6, 2026, to file a lead plaintiff motion.

The lawsuit stems from a series of events that negatively impacted Oracle’s stock performance. On September 25, 2025, analysts at Rothschild & Co. Redburn cautioned that the market had “materially overestimate[ed]” Oracle’s future growth potential from AI deals, casting doubt on the Company’s ability to deliver the promised revenue increase from its expanding AI infrastructure business.

Following this announcement, Oracle’s stock price plummeted by 5.6% to close at $291.33 per share on September 25, 2025, causing financial harm to investors. Subsequently, on December 10, 2025, Oracle disclosed its second-quarter fiscal 2026 financial results, which fell short of revenue growth estimates, CapEx projections, and free cash flow expectations. The Company also highlighted an unforeseen $15 billion increase in CapEx for fiscal year 2026 compared to the initial forecast after Q1.

As a result of these revelations, Oracle’s stock price nosedived by 10.8% to $198.85 per share on December 11, 2025. In another blow, Bloomberg reported on December 12, 2025, that Oracle had postponed the completion dates for several data centers being developed for OpenAI, a leading AI model developer, from 2027 to 2028 due to shortages in labor and materials. This news caused further stock depreciation, with Oracle’s share price dropping by 4.5% to $189.97 per share.

The final hit to Oracle’s stock value came on December 17, 2025, when the Financial Times disclosed that Blue Owl Capital, Oracle’s primary financial backer for its data center initiatives, withdrew funding for a $10 billion Oracle data center intended for OpenAI due to concerns over Oracle’s escalating spending commitments and debt levels. The announcement led to a 5.4% decline in Oracle’s stock price to $178.46 per share.

The lawsuit alleges that during the Class Period, Oracle and its executives made false and misleading statements while withholding critical information regarding the Company’s business operations. Specifically, the lawsuit claims that Oracle’s AI infrastructure strategy would lead to substantial increases in CapEx without corresponding revenue growth in the near term. The significantly elevated spending also raised serious concerns about Oracle’s debt levels, credit ratings, free cash flow, and project funding capabilities, which were not adequately disclosed to investors. Consequently, the lawsuit argues that the positive statements made by Oracle’s management about the Company’s business activities and future prospects were misleading and lacked a credible basis throughout the relevant period.

Investors who purchased or acquired Oracle securities during the Class Period have until April 6, 2026, to seek appointment as lead plaintiff in the proposed class action lawsuit. For further information about this legal action or inquiries concerning rights and interests related to the case, individuals can contact Glancy Prongay Wolke & Rotter LLP.

It is crucial to note that being a member of the Class does not require immediate action; individuals have the option to engage legal representation or remain an inactive member of the Class. This release may be classified as Attorney Advertising in certain jurisdictions based on relevant laws and ethical standards.