The Law Offices of Frank R. Cruz reminds investors of the upcoming April 6, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Oracle Corporation (“Oracle” or the “Company”) (NYSE: ORCL) securities between June 12, 2025 and December 16, 2025, inclusive (the “Class Period”).
IF YOU ARE AN INVESTOR WHO LOST MONEY ON ORACLE CORPORATION (ORCL), CLICK HERE TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT.
What Happened?
On September 25, 2025, analysts at Rothschild & Co. Redburn claimed that the market was “materially overestimate[ing]” future growth resulting from Oracle’s AI deals, warning that the Company’s promises of new revenues from its increased AI infrastructure business were “unlikely to materialize.”
On this news, Oracle’s stock price fell $17.13, or 5.6%, to close at $291.33 per share on September 25, 2025, thereby injuring investors.
Then, on December 10, 2025, Oracle released its second quarter fiscal 2026 financial results, missing consensus estimates in revenue growth, capital expenditures (“CapEx”), and negative free cash flow. The Company further revealed that it “now expect[ed] fiscal 2026 CapEx will be about $15 billion higher than [it] forecasted after Q1.”
On this news, Oracle’ stock price fell $24.16, or 10.8%, to close at $198.85 per share on December 11, 2025.
Further, on December 12, 2025, Bloomberg reported that Oracle had “pushed back the completion dates for some of the data centers it’s developing for the artificial intelligence model developer OpenAI to 2028 from 2027” due to “labor and material shortages.”
On this news, Oracle’s stock price fell $8.88, or 4.5%, to close at $189.97 per share on December 12, 2025.
Finally, on December 17, 2025, Financial Times reported that Oracle’s primary financial backer for its data center projects, Blue Owl Capital, had backed out of funding a $10 billion Oracle data center intended to serve OpenAI due to concerns about Oracle’s spending commitments and rising debt levels.
On this news, Oracle’s stock price fell $10.19, or 5.4%, to close at $178.46 per share on December 17, 2025, thereby injuring investors further.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Oracle's AI infrastructure strategy would result in massive increases in CapEx without equivalent, near-term growth in revenue; (2) the Company's substantially increased spending created serious risks involving Oracle's debt and credit rating, free cash flow, and ability to fund its projects, among other concerns; and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you purchased or otherwise acquired Oracle securities between June 12, 2025 and December 16, 2025, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is April 6, 2026.
Contact Us To Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact us:
Frank R. Cruz
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Email us at: info@frankcruzlaw.com
Call us at: 310-914-5007
Visit our website at www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260403452719/en/
