Bondholders filed a lawsuit against Oracle, claiming losses due to undisclosed debt needs for AI infrastructure. The class action represents investors who bought $18 billion in bonds, blindsided by Oracle’s $38 billion loan request weeks later. Oracle’s debt prices fell, yields rose, leading bondholders to seek damages for false statements in offering documents. Oracle has not responded to requests for comment.

Read more at Yahoo Finance: Oracle sued by bondholders over losses tied to AI buildout