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Lowey Dannenberg, P.C. said it is investigating Oracle Corporation (“Oracle” or the “Company”) (NYSE: ORCL) for potential violations involving breaches of fiduciary duties by the company’s directors and officers.
The firm’s inquiry focuses on whether Oracle’s directors and officers may have breached fiduciary duties. Lowey Dannenberg did not provide additional factual allegations or specific events in the material provided.
Lowey Dannenberg said that long-term shareholders of Oracle common stock who wish to participate, learn more, or discuss the issues surrounding the investigation should contact the firm’s attorneys:
The firm also provided a phone number for inquiries: 914-733-7212.
Lowey Dannenberg described itself as a national firm representing institutional and individual investors who suffered financial losses tied to corporate fraud and malfeasance, including alleged violations of federal securities and antitrust laws. The firm said it has experience prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.
Lowey Dannenberg P.C.
44 South Broadway, Suite 1100
White Plains, NY 10601
Tel: (914) 733-7256
Email: investigations@lowey.com
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…