Oracle Must Give Up Committee Documents in NetSuite Merger Suit

A pension fund pursuing a shareholder lawsuit over Oracle Corp.‘s $9 billion acquisition of NetSuite Inc. is entitled to documents Oracle’s special litigation committee compiled supporting the suit, a Delaware judge ruled.

The derivative lawsuit targets Oracle chairman Larry Ellison and the software giant’s other directors, including former Defense Secretary Leon Panetta. It accuses them of forcing through an underpriced $109-a-share deal at the expense of shareholders to benefit Ellison, who founded both companies. The case was filed in the Chancery Court by a municipal pension fund.

The fund claimed it would have been futile to demand an internal ...