PeopleSoft files fresh complaints
PeopleSoft, Inc today announced that it has expanded its lawsuit against Oracle Corporation by filing an amendment to its complaint in California Superior Court in Alameda County, California.
PeopleSoft originally filed a suit against Oracle in June, 2003 in order to 'to put an end to what it characterises as a sham tender offer [to acquire PeopleSoft] aimed at destroying PeopleSoft's business.'
The complaint, filed in Alameda County Superior Court, alleged that Oracle had engaged in unfair business practices, trade libel and tortious interference with PeopleSoft's customer relationships.
PeopleSoft's fresh complaint, portions of which have been filed with the court under seal, has been amended to allege extensive new facts about Oracle management's ongoing acts of unfair trade practices, including its efforts to disrupt PeopleSoft's customer relationships.
The complaint also alleges new information concerning Oracle's deliberate campaign to mislead PeopleSoft customers about Oracle's plans to support PeopleSoft products.
In addition, the complaint incorporates claims of interference with customers of J.D. Edwards, which is now part of PeopleSoft.
Having completed its acquisition of J.D. Edwards, PeopleSoft is consolidating the two companies' claims against Oracle into a single lawsuit and will voluntarily dismiss J.D. Edwards' previously filed lawsuits in other courts.
PeopleSoft's complaint will continue to seek both injunctive relief and damages, including damage caused to J.D. Edwards.
'It would be inappropriate for us to comment without having seen the filing,' said Jim Finn, Oracle spokesman. 'We were aware they were going to file an amended complaint, so we are not surprised and it does not change our commitment to acquire Peoplesoft.'