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Oracle's $115 million settlement of US ad tech privacy litigation wins preliminary approval

( August 9, 2024, 21:30 GMT | Official Statement) -- MLex Summary: Oracle’s proposed $115 million settlement resolving allegations the company illegally created electronic profiles of Internet users for its data brokering business has been granted preliminary approval by US District Judge Richard Seeborg in San Francisco. "The Court preliminarily finds that the Parties have shown the Court it will likely be able to approve the proposed Settlement, as embodied in the Settlement Agreement, as being fair, reasonable, and adequate," Seeborg said. See document below: ...

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