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Rimini Street issued the following statement regarding Oracle v. Rimini Street, which was filed in 2010, went to trial in 2015, and has been in the appeals stage since 2016: "Taking into account its successful appeal, Rimini Street has prevailed in 11 out of 12 claims alleged by Oracle in Oracle v. Rimini Street, with only a jury finding of "innocent" infringement related to support processes no longer in use by Rimini Street since at least July 2014. The "innocent" infringement finding means that Rimini Street did not know and had no reason to know that its former processes were infringing. The facts clearly show that Oracle failed in almost all of its claims and ultimately was only awarded approximately 10% of the amount of damages it sought at trial, and the award came in the form of a "fair market license" for "innocent" infringement. The jury found no lost profits for Oracle and no lost clients resulting from the "innocent" infringement. Other amounts awarded by the Court included interest, fees and costs, some of which were the subject of a subsequent appeal. So far, following its successful appeal, Rimini Street achieved a refund of $21.5 million from Oracle on March 30, 2018, and is still seeking an additional refund of $41.3 million through the appeal process. Oracle's apparent fear of Rimini Street's strong value proposition and growing list of nearly 2,500 clients signed through June 30, 2018, including over 150 Global Fortune 100 and Fortune 500 clients, appears to be fueling its misleading and increasingly desperate marketing campaign. Rimini Street plans to hold Oracle accountable for any illegal or anticompetitive activity, as it is doing presently with its claims against Oracle filed in a separate lawsuit brought by Rimini Street against Oracle in 2014, Rimini Street v. Oracle, which is pending in U.S. Federal Court and expected to go to trial in 2020 or later."

For the second time, a Federal Court in Nevada granted Oracle's (ORCL) motion for a permanent injunction against Rimini Street (RMNI) for "years of infringement of Oracle's copyrights." In an opinion notable for its strong language condemning Rimini Street's actions, the Court made clear that since its inception, Rimini's business "was built entirely on its infringement of Oracle's copyrighted software," Oracle said in a press release. The Court also highlighted Rimini's "conscious disregard" for Oracle's copyrights and Rimini's "significant litigation misconduct" in granting Oracle's motion for its attorneys' fees to be paid, Oracle said. "The Court noted that it was Rimini's brazen misconduct that enabled it to "rapidly build" its infringing business, while at the same time irreparably damaging Oracle because Rimini's very business model "eroded the bonds and trust that Oracle has with its customers." It also stressed that for over five years of litigation, "literally up until trial", Rimini Street denied the allegations of infringement. At trial, however, Rimini CEO Seth Ravin, who was also a defendant, changed his story and admitted for the first time that Rimini Street did in fact engage in all the infringing activities that Oracle had identified," Oracle said. :Finally, the Court declared that over $28M in attorneys' fees should be awarded to Oracle because of Rimini Street's significant litigation misconduct in this action. Rimini comments to the market that this award would have to be returned to Rimini have proven to be false and misleading, like so many of its actions and assurances to customers and others."