Cases

Overview

The Focal Point worked with Latham & Watkins on behalf of Oracle Corporation and three of its executive officers in a $3 billion securities fraud class action arising from a missed earnings forecast in 2001, which was preceded by insider stock sales of over $900 million. Plaintiffs alleged that defendants made false and misleading statements regarding Oracle's projected financial results, and that certain Oracle executives sold stock while in possession of material, nonpublic information.

The Focal Point’s Role

The Focal Point developed demonstratives for the Summary Judgment hearing, working with the Latham & Watkins team to refine and develop a visual strategy to persuade the judge.

Result

Summary judgment was obtained for all defendants on all claims.

Court

US District Court, Northern California

The Focal Point’s Client

Latham & WatkinsPatrick Gibbs
Peter Wald
Matthew Rawlinson
Melanie Blunschi

Cases