The plaintiffs made “broad brush allegations” and didn’t plead specific facts to support claims that the company’s communications on diversity were false or misleading, Judge Jacqueline Scott Corley of the U.S. District Court for the Northern District of California said in an order Monday.
In addition, Oracle’s bylaws designate the Delaware Chancery Court as the only forum for shareholder complaints, the judge said.
The California federal court has dismissed similar diversity suits ...