Oracle agrees to settle class action over cloud sales tactics for $17.5m

Companies bringing a class-action legal case against Oracle are seeking to settle the long running dispute, which alleged Big Red used aggressive cloud sales tactics to artificially inflate its share price. Following several months of negotiations between the lead plaintiff and the global tech giant, Union Asset Management …

[Claptrap314]

Missing data point:

How much Oracle makes a year...

[JWLong]

Re: Missing data point:

..nothing nèw here!

[GraXXoR]

so 10,000,000 of their customers get to apply for $1 refund and the lawyers pocket the remaining $7,500,000.

I know this is a gross exaggeration but class action mainly benefits the lawyers, unfortunately.