Oracle settles Insider Trading lawsuit

September 27, 2005/0 Comments/in Oracle Corporation /by ceadmin

A San Mateo Superior Court judge on Monday postponed signing off on an $100 million settlement agreement between Oracle founder Larry Ellison and Oracle shareholders over an insider trading lawsuit.

Instead, Judge Jonathan Schwartz will review the matter on Nov. 15 and issue his decision on whether to accept the agreement hammered out by the parties