Oracle Turns to Orrick and Morrison & Foerster in Suit Accusing Company of Corporate Racism
Orrick, Herrington & Sutcliffe and Morrison & Foerster are representing Oracle in a shareholder derivative lawsuit claiming the company makes false assertions about its diversity efforts. Facebook and Qualcomm have been hit with similar suits.
July 29, 2020 at 12:52 PM
2 minute read
Oracle Corp. has tapped Orrick, Herrington & Sutcliffe and Morrison & Foerster to defend the company and its board in a shareholder derivative lawsuit accusing Oracle of not following through with its diversity policies.
Orrick's Warrington Parker III, Alexander Talarides, Kenneth Herzinger and Karen Johnson McKewan are defending the company against allegations Oracle is the "oldest and most egregious 'Old Boy's Club' in Silicon Valley." Morrison & Foerster partners Jordan Eth, Philip Besirof and Christin Hill are representing Oracle's board members.
In a July 2 complaint, Bottini & Bottini in La Jolla and Renne Public Law Group in San Francisco allege that the software company's board has deceived investors with false assertions about diversity.
Bottini & Bottini filed similar lawsuits on behalf of Facebook and Qualcomm shareholders, as well. All three suits ask the court to order three board members to step down to be replaced by two black individuals and one other minority.
The lawsuits follow calls for greater oversight of diversity efforts and support of minority employees as racial tensions intensify throughout the U.S., inspiring tech leaders such as Reddit co-founder and board member Alexis Ohanian to leave their posts and make way for minority leadership.
Sign up for Law.com's Legal Radar to keep up with the latest news and lawsuits in a free, personalized news feed. Track federal litigation and who's getting the work by industry, practice area, law firm, company and region.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllPre-Internet High Court Ruling Hobbling Efforts to Keep Tech Giants from Using Below-Cost Pricing to Bury Rivals
6 minute readAs AI-Generated Fraud Rises, Financial Companies Face a Long Cybersecurity Battle
'A Never-Ending Nightmare': Apple Sued for Alleged Failure to Protect Child Sexual Abuse Survivors
Law Firms Mentioned
Trending Stories
- 1Decision of the Day: Judge Reduces $287M Jury Verdict Against Harley-Davidson in Wrongful Death Suit
- 2Kirkland to Covington: 2024's International Chart Toppers and Award Winners
- 3Decision of the Day: Judge Denies Summary Judgment Motions in Suit by Runner Injured in Brooklyn Bridge Park
- 4KISS, Profit Motive and Foreign Currency Contracts
- 512 Days of … Web Analytics
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250