Oracle, CFO Catz Accused by Oregon of Fraud, Racketeering

Lock
This article is for subscribers only.

Oracle Corp. tricked Oregon into signing $240 million worth of contracts for products and services to develop a health-care exchange that has never worked, state officials said in a $2 billion lawsuit accusing the software company of fraud and racketeering.

The state lobbed the case against Oracle and five executives including President and Chief Financial Officer Safra Catz two weeks after the company sued Oregon over $23 million in unpaid bills in a feud over who is to blame for the botched website.