According to reports in the US media, Oracle's chief executive, Lawrence Ellison has reached a settlement agreement in an insider trading lawsuit brought against him in 2001.
The suit, brought against Mr Ellison by shareholders in the firm, alleges that he sold around $900 million in Oracle shares ahead of announcements that the firm would not meet its expected earnings target.
The settlement, which still requires court approval, would see payments amounting to $100 million made in the firm's name to a charity designated by Mr Ellison.
A hearing on the matter is expected to take place on September 26.
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