Oracle Statement: Rimini Street Distorts Court Ruling, Says Up is Down

Rhea-AI Summary

On April 1, 2021, Oracle responded to Rimini Street's claims following a decisive ruling from the US District Court, stating that Rimini Street is violating a permanent injunction from August 14, 2018. The court ordered Rimini to explain why it shouldn't be held in contempt for its actions related to PeopleSoft support. Oracle criticized Rimini's attempt to frame this legal loss as a victory, asserting that it is a deceptive tactic aimed at its customers. This continuing legal battle underscores significant ethical concerns about Rimini's business practices.

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• None.

Negative

• Rimini Street was found to be in violation of a permanent injunction, which could lead to substantial legal and financial repercussions.
• The court ordered Rimini to explain why it should not be held in contempt, reflecting negatively on its business operations.
• Oracle's criticism highlights the ethical concerns surrounding Rimini's business practices, potentially impacting customer confidence.

AUSTIN, Texas, April 1, 2021 /PRNewswire/ -- Rimini Street today took its deceptive business practices described in Oracle's litigation against Rimini Street to new heights, proclaiming that its unequivocal loss in US District Court was actually somehow a victory. Its recent statement is nothing more than a convoluted attempt at public relations damage control.

For the record, the District Court District of Nevada ruled decisively – in its own words – that "by clear and convincing evidence, that Rimini Street is violating the permanent injunction" issued on August 14, 2018.  More humiliating yet, the court also ordered Rimini Street to explain why it should not be held in contempt for plainly violating the injunction in connection with its PeopleSoft support offerings.

Yet by Rimini Street's reasoning, losing is winning, up is down, and ignorance is strength. Its statement is indeed another attempt at bamboozling its customers into believing its services are a viable, ethical business model.

Trying to paint this resounding defeat as victory is the same approach to business and transparency that got them in legal trouble in the first place.

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SOURCE Oracle

FAQ

What was the outcome of the Oracle vs. Rimini Street court case?

The US District Court ruled that Rimini Street is violating a permanent injunction, ordering the company to explain why it should not be held in contempt.

When did the permanent injunction against Rimini Street take effect?

The permanent injunction was issued on August 14, 2018.

How did Rimini Street respond to the court's ruling?

Rimini Street attempted to frame its legal loss as a victory, which Oracle criticized as deceptive.

What are the implications of the court's ruling for Rimini Street?

The ruling may result in substantial legal and financial consequences for Rimini Street and could harm its reputation with clients.

What is Oracle's position on Rimini Street's business practices?

Oracle asserts that Rimini's attempts to misrepresent the court ruling indicate unethical business practices.