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Oracle Faces Bondholder Lawsuit Over Concealed Debt Risks

Oracle Faces Bondholder Lawsuit Over Concealed Debt Risks

Oracle is being sued by bondholders who claim they incurred losses due to the company's undisclosed plans to sell more debt. The lawsuit alleges that Oracle, chaired by Larry Ellison, misled investors about future borrowing needs to build AI infrastructure. Oracle denies comment on the issue.

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