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A group of bondholders has filed a class action lawsuit against Oracle in Manhattan, alleging the company failed to disclose its need for substantial additional debt to finance AI infrastructure, resulting in significant investor losses. The lawsuit follows Oracle's issuance of $18 billion in securities shortly before announcing a $300 billion contract with OpenAI, and subsequent plans to seek an additional $38 billion in loans for data centers, which led to a sharp decline in bond prices. The investors are seeking damages from Oracle and its executives for alleged misleading statements in the offering documents.