Oracle Agrees to $115 Million Settlement Over Alleged Privacy Violations in Consumer Tracking Lawsuit

SAN FRANCISCO — Oracle has agreed to a $115 million settlement in a proposed class action lawsuit that accused the tech giant of illicitly tracking and documenting consumers’ online activities for targeted advertising, in what plaintiffs alleged was a clear breach of state and federal privacy regulations. The request for the settlement approval was submitted to the US District Court for the Northernm District of California, by the plaintiffs, marking a significant development nearly two years after the lawsuit was originally filed. The legal battles included multiple dismissals and extensive negotiations, which lasted eight months. … Read more