Rimini Street settles Oracle Rimini II case; Oracle to return $37.8M in fees

Rimini Street, Inc.

Settlement resolves Rimini II litigation; no party admits liability.
Oracle will remit ~$37.8M of the ~$58.7M in attorney fees Rimini paid in late 2024; Oracle retains ~$22.5M.
Rimini to wind down Oracle PeopleSoft support services by July 31, 2028; annual revenue from PeopleSoft was ~$30M.
Parties agree to a litigation standstill during the wind-down period, with no new claims or contempt actions.
Rimini I and II injunctions remain in effect; court retains jurisdiction to enforce.

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