Oracle hit with whistleblower lawsuit over cloud accounting
Oracle Corp was sued on Wednesday by a former senior finance manager who claimed she was terminated in retaliation for complaining about improper accounting practices in its cloud services business.
Shares of Oracle fell about 2.6 percent to $39.23 in after-hours trading.
In a complaint filed with the U.S. District Court in San Francisco, the former executive, Svetlana Blackburn, accused upper management of trying to push her to “fit square data into round holes” to make Oracle Cloud
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