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Dipanjan Banchur

Is Oracle Stock Still a Buy Despite Being Fined by SEC?

ORCL Oracle SEC Dipanjan BanchurSince Cerner FCPA Oracle Corporation

The Securities and Exchange Commission announced settled charges on September 27, 2022, requiring Oracle Corporation (ORCL) to pay more than $23 million to resolve charges for violating the Foreign Corrupt Practices Act (FCPA) provisions.

ORCL provides products and services that address enterprise information technology (IT) environments. The company’s businesses include cloud and license, hardware, and services. Its products and services include applications and infrastructure offerings delivered through various IT deployment models.

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