Oracle is facing a securities investigation by Girard Sharp LLP concerning potential misrepresentations in offering materials related to its massive, debt-fueled AI buildout strategy, causing shares to fall.

  • The investigation focuses on whether offering materials misrepresented the company’s AI strategy, specifically mentioning the $300 billion OpenAI contract.
  • The probe was initiated on behalf of bondholders who purchased Oracle senior notes in September 2025.
  • ORCL shares traded down 2.21% at $178.41, moving against the generally positive trend seen in the broader technology sector.