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Case 5:18-cv-04844-BLF Document 44 Filed 04/19/19 Page 1 of 3112345678910JORDAN ETH (CA SBN 121617)JEth@mofo.comMARK R.S. FOSTER (CA SBN 223682)MFoster@mofo.comROBERT W. MAY (CA SBN 295566)RMay@mofo.comSU-HAN WANG (CA SBN 284863)SWang@mofo.comMORRISON & FOERSTER LLP425 Market StreetSan Francisco, California 94105-2482Telephone: 415.268.7000Facsimile: 415.268.7522Attorneys for DefendantsORACLE CORPORATION, SAFRA A. CATZ,MARK HURD, LAWRENCE J. ELLISON,THOMAS KURIAN, KEN BOND, and STEVE MIRANDA14JAMES C. MAROULIS (CA SBN 208316)Jim.Maroulis@oracle.comORACLE CORPORATION500 Oracle ParkwayMail Stop 5OP7Redwood City, California 94065Telephone: 650.506.5200Facsimile: 650.506.711415Attorney for Defendant ORACLE CORPORATION11121316UNITED STATES DISTRICT COURT17NORTHERN DISTRICT OF CALIFORNIA18SAN JOSE DIVISION19Case No. 5:18-cv-4844-BLF20CLASS ACTION21 In re Oracle Corporation Securities LitigationDEFENDANTS’ NOTICE OF MOTIONAND MOTION TO DISMISSCONSOLIDATED CLASS ACTIONCOMPLAINT; MEMORANDUM OFPOINTS AND AUTHORITIES IN SUPPORT222325Date: October 17, 2019Time: 9:00 a.m.Ctrm: 3, Fifth Floor26Judge: Hon. Beth Labson Freeman27Date Action Filed: August 10, 20182428DEFENDANTS’ MOTION TO DISMISS; MEMORANDUM OF POINTS AND AUTHORITIESCase No. 5:18-cv-4844-BLFsf-4016215
Case 5:18-cv-04844-BLF Document 44 Filed 04/19/19 Page 2 of 3112TO PLAINTIFF AND ITS ATTORNEYS OF RECORD:PLEASE TAKE NOTICE that on October 17, 2019, at 9:00 a.m., before the Honorable3Beth Labson Freeman in the San Jose Courthouse of the United States District Court for the4Northern District of California, 280 South 1st Street, San Jose, CA 95113, Fifth Floor, Courtroom53, Defendants Oracle Corporation (“Oracle”), Safra A. Catz, Mark Hurd, Lawrence J. Ellison,6Thomas Kurian, Ken Bond, and Steve Miranda will and hereby do move to dismiss Plaintiff’s7Consolidated Class Action Complaint for Violations of the Federal Securities Laws (the8“Complaint”). Defendants seek dismissal pursuant to Federal Rules of Civil Procedure 8, 9(b),9and 12(b)(6), as well as the Private Securities Litigation Reform Act of 1995 (the “Reform Act”).10This motion is based upon this Notice of Motion and Motion, the Memorandum of Points11and Authorities in support hereof, the Declaration of Robert W. May (“Decl.”) and the Exhibits12attached to it (“Ex.”), all other pleadings and papers on file herein, and such other argument and13evidence as may be presented to the Court before the Motion is taken under submission.1415Dated: April 19, 2019MORRISON & FOERSTER LLP161718192021By:/s/ Jordan EthJordan EthAttorneys for DefendantsORACLE CORPORATION, SAFRA A.CATZ, MARK HURD, LAWRENCE J.ELLISON, THOMAS KURIAN, KENBOND, and STEVE MIRANDA22232425262728DEFENDANTS’ MOTION TO DISMISS; MEMORANDUM OF POINTS AND AUTHORITIESCase No. 5:18-cv-4844-BLFsf-4016215
Case 5:18-cv-04844-BLF Document 44 Filed 04/19/19 Page 3 of 311TABLE OF 2526I.II.INTRODUCTION . 1BACKGROUND . 2A.Oracle and Its Business . 2B.Plaintiff’s Securities Fraud Allegations . 4III. ISSUES TO BE DECIDED . 6IV. PLAINTIFF MUST PLEAD FRAUD WITH EXACTING PARTICULARITY . 6V. PLAINTIFF FAILS TO STATE A CLAIM FOR SECURITIES FRAUD . 7A.Plaintiff Fails to Plead a Materially False or Misleading Statement. . 81.
table of authorities page(s) defendants' motion to dismiss; memorandum of points and authorities case no. 5:18-cv-4844-blf ii sf- 4016215 1 2 3 4 5 6 7 8 9 10 11 12 .
