Investor Argues It Has Sufficiently Pleaded Falsity, Scienter In Securities Suit

Mealey's (June 5, 2019, 1:46 PM EDT) -- SAN JOSE, Calif. — Dismissal of a securities class action against technology company Oracle Corp. and certain of its current and former senior executives is not necessary because the lead plaintiff has sufficiently pleaded falsity and scienter in making its federal securities law claims, the lead plaintiff argues in a May 31 opposition brief filed in California federal court (In re Oracle Corp. Securities Litigation, No. 18-4844, N.D. Calif.)....