On January 21, 2025, the Delaware Supreme Court unanimously affirmed the Court of Chancery’s post-trial judgment in favor of Latham clients Larry Ellison and Safra Catz in a stockholder derivative suit challenging Oracle Corporation’s US$9.4 billion acquisition of NetSuite in 2016.

Mar 4, 2024 · A look at how Larry Ellison took over the Indian Wells 2024 venue from a group of illustrious investors like Pete Sampras and changed it.

6 days ago · On January 21, 2025, the Delaware Supreme Court affirmed the Court of Chancery’s post-trial opinion in favor of the Defendants in In re Oracle Corp. Derivative Litigation.. In brief, the litigation – which spanned over five years, five amended complaints, and six pre-trial decisions – concerned allegations that Oracle founder and CTO Larry …

On Monday, the court upheld a lower court's decision in favor of Oracle's Chairman and Chief Technology Officer Larry Ellison, and CEO Safra Catz, in the derivative litigation related to...

Nov 14, 2024 · She has worked at Oracle for 25 years, and a decade ago, founder and chairman Larry Ellison—who also serves as the company’s Chief Technology Officer—appointed her CEO. Today, she is the highest-paid woman on Wall Street, with a personal net worth estimated at $2.2 billion. Safra Katz.

Oracle shareholder plaintiffs charged in the first of several 2017 Chancery derivative suits that when Oracle founder Larry Ellison and CEO Safra Catz proposed to acquire NetSuite — which Ellison also founded and controlled — he first verbally agreed with NetSuite executives to a per-share price in the $100-to-$125 range even though that ...

6 days ago · Plaintiffs also alleged that the members of the Oracle board’s independent transaction committee, which evaluated and negotiated the transaction, either conspired with Ellison and Catz and ...

Jul 19, 2024 · (Bloomberg) -- Oracle Corp. Chief Executive Officer Safra Catz is leaving the board of Walt Disney Co. in the wake of the announced takeover of Paramount Global involving Oracle Chairman Larry Ellison. Catz served on the Disney board for six years. Her departure is …

May 15, 2023 · Catz, according to plaintiffs, helped Ellison because she regarded him as her boss. Plaintiffs' lawyers accused both of them of breaching their duties to shareholders in a deal controlled by...

May 24, 2023 · In an extraordinary letter docketed on Tuesday, a Delaware judge said he did not intend to accuse plaintiffs lawyers of sexism when he said that one of their theories in long-running litigation...