Oracle corporation logo on the building of new Czech headquarters on June 18, 2016 in Prague, Czech republic. Cerner Hit With Shareholder Suit Over Oracle Acquisition
Health care IT company Cerner Corp. and members of its board of directors were slapped with a shareholder lawsuit Monday in New York Eastern District…
January 24, 2022 at 08:17 PM
1 minute read
Securities Litigation
Health care IT company Cerner Corp. and members of its board of directors were slapped with a shareholder lawsuit Monday in New York Eastern District Court over the company's proposed sale to Oracle. The lawsuit, brought by Halper Sadeh LLP on behalf of Leroy Berry Jr., seeks to block the transaction based on alleged deficiencies in Cerner's disclosures to shareholders. Counsel have not yet appeared for the defendants. The case is 1:22-cv-00405, Berry, Jr. v. Corporation et al.
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