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Kendall Law Group Investigates Oracle Corp.


Published on 2011-09-06 21:21:08 - Market Wire
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DALLAS--([ BUSINESS WIRE ])--[ Kendall Law Group ], a national securities firm, is investigating certain officers and directors of Oracle Corp. (NASDAQ: ORCL) for possible breaches of fiduciary duty and other federal and state laws. Oracle is currently under investigation by the U.S. Department of Justice (aDOJa) and the U.S. Securities and Exchange Commission (aSECa) for possible violations of the Foreign Corrupt Practices Act (aFCPAa). Concerned Oracle shareholders are encouraged to contact the Kendall Law Group at 877-744-3728 or by email at [ investor@kendalllawgroup.com ].

The investigation concerns the SEC and DOJ probes into Oraclea™s software sales to government agencies in Western and Central African countries. The FCPA is designed to prevent undue influence and beneficial market position in foreign countries through bribery of foreign government officials. The Wall Street Journal reported that governmenta™s criminal investigation targeting Oracle has been going on for more than a year. The company has not disclosed any information about the investigations.

Kendall Law Group has the credentials and experience to pursue any type of complex securities litigation in the nation. The firm, led by a former federal judge and a former U.S. Attorney, is a national securities firm that represents shareholders when publicly traded companies violate the law. Shareholders are urged to contact the firm for more information.