Oracle boss buys off insider trading claims | The Register

Oracle boss buys off insider trading claims | The Register: "Oracle's boss Larry Ellison has agreed to pay $100m to charity to settle a case accusing him of insider trading.
The lawsuit alleged that Ellison sold $900m of Oracle shares in early 2001 - before the company put out a profit warning which sent its shares tumbling. Ellison successfully defended a similar case in Delaware so it is not clear why he agreed to settle this case."