LMAO Oracle has been involved in several scandals, most notably two major incidents: one in the early 1990s related to aggressive sales practices that led to a major earnings restatement and a 1990s earnings restatement, and another in 2022 when the SEC charged Oracle for violating the Foreign Corrupt Practices Act (FCPA) due to bribery schemes and slush funds used by subsidiaries in Turkey, the UAE, and India.  This practice resulted in an overstatement of earnings when future sales failed to materialize, leading to the company having to restate its earnings twice and settle class-action lawsuits.

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