Oracle directors give blessing to shareholder lawsuit against Larry Ellison and Safra Catz – TechCrunch

Three years after closing a $9.3 billion deal to acquire NetSuite, several Oracle board members have written an extraordinary letter to the Delaware Court, approving a shareholder lawsuit against company executives Larry Ellison and Safra Catz over the 2016 deal. Reuters broke this story. According to Reuters’ Alison Frankel, three board members, including former U.S.…