A pension fund that’s suing Oracle Corp. co-founder Larry Ellison over the software maker’s $9.3 billion acquisition of NetSuite is taking aim at some new targets in the controversial deal.
Evan Goldberg, the founder of NetSuite and a current Oracle executive, and Zachary Nelson, NetSuite’s former chief executive officer, were added as defendants in a lawsuit alleging that the $109-a-share buyout shortchanges investors.
In the revised complaint filed July 30 in Delaware Chancery Court, the NetSuite managers are accused of playing a leading role in a deal that benefited Ellison to the detriment of Oracle investors. Ellison—a billionaire who owned ...
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