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LAWSUITS NEWS & LEGAL INFORMATION

Larry Ellison

Several attorneys filed a lawsuit against Oracle Corp. CEO Larry Ellison alleging stock trading abuses. Ellison generated over $900 million by selling some of his Oracle stock shortly before the company's shares plummeted in 2001. A San Mateo Superior Court Judge approved an unusual settlement requiring Ellison to donate $100 million to charity and pay another $22 million to the attorneys who sued him. (Nov-22-05) [USA TODAY]


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Published on Nov-29-05


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