Rimini Street, Inc 8-K, filed Oct 17, 2022
Rimini Street, Inc. (RMNI)
8-K
2022-10-17
For: 2022-10-17
View Original
Added on
April 10, 2026
About this 8-K
Rimini Street, Inc filed this 8-K on October 17, 2022.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
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| ITEM 8.01 | OTHER EVENTS | ||||
Background – Litigation with Oracle
Rimini Street, Inc. (“Rimini Street” or the “Company”) and Oracle have been engaged in litigation for more than 12 years regarding claims about whether certain Oracle actions are consistent with competition law and whether certain aspects of the Company’s support model for some Oracle products are consistent with the Copyright Act and Oracle’s licenses for specific Oracle products and licensees. These disputes between the parties have been the subject of two different lawsuits in the United States District Court for the District of Nevada (the “Court”): Case Number 2:10-cv-00106-LRH-VCF (“Rimini I”) filed by Oracle against Rimini Street in 2010, and Case Number 2:14-cv-01699-MMD-DJA (“Rimini II”) filed by Rimini Street against Oracle in 2014. The Rimini I litigation was finalized in early 2020, and the Rimini II litigation is in pre-trial stage.
Oracle’s Decision to Withdraw All Monetary Damages Claims Against the Company in the Rimini II Lawsuit
On October 10, 2022, Oracle filed a Notice with the Court, indicating its intention to agree at an October 14, 2022 Court status conference to withdraw all of its monetary damages claims against the Company in Rimini II and to proceed with a bench trial instead of a jury trial for its claims for equitable relief.
Per the public Minute Order entered by the Court on October 14, 2022, a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference (the “Minute Order”), following the conclusion of the Court status conference, attorneys for Oracle confirmed that Oracle will withdraw all of its monetary damages claims against the Company in Rimini II and proceed with a bench trial for its claims for equitable relief. The Court has ordered the parties to file a stipulation on or before October 21, 2022 to dismiss with prejudice the Rimini II claims affected by Oracle’s decision.
The Minute Order also provides that the trial will be a bench trial instead of a jury trial and, good cause appearing, the start date for the Rimini II trial has been changed from November 2, 2022 in Las Vegas to November 29, 2022.
All information in this Item 8.01 is presented as of the date of this Current Report on Form 8-K and not any future date, and the Company does not undertake any obligation to, and disclaims any duty to, update any of the information provided. Please see the Company’s latest Quarterly Report on Form 10-Q for additional information and disclosures regarding litigation with Oracle.
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| ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS | ||||
(d) Exhibits.
Exhibit No. | Exhibit Title | |||||||
| 99.1 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| RIMINI STREET, INC. | |||||||||||||||||
Dated: October 17, 2022 | By: | /s/ Seth A. Ravin | |||||||||||||||
| Name: Seth A. Ravin | |||||||||||||||||
| Title: Chief Executive Officer | |||||||||||||||||
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Exhibit 99.1
United States District Court
District of Nevada
Notice of Electronic Filing
The following transaction was entered on 10/14/2022 at 12:59:37 PM PDT and filed on 10/14/2022
Case Name: | Rimini Street, Inc. v. Oracle International Corporation | ||||
| Case Number: | 2:14-cv-01699-MMD-DJA | ||||
| Filer: | |||||
| Document Number: | 1416 (No document attached) | ||||
Docket Text:
MINUTES OF PROCEEDINGS - Status Conference held on 10/14/2022 before Chief Judge Miranda M. Du. Crtrm Administrator: Peggie Vannozzi; Pla Counsel: Benjamin Smith, James Maroulis, Jessica Phillips, Karen Dunn, Linsay Shinn, Sharon Smith, William Isaacson, Zachary Hill and Richard Pocker; Def Counsel: Casey McCracken, Stephen Whittaker, W. West Allen, Eric Vandevelde, Jeffrey thomas, Samuel Liversidge, Illissa Samplin; Court Reporter: Amber McClane; Time of Hearing: 10:07 AM - 10:23 AM; Courtroom: 4B;
The Court has reviewed ECF Nos. [1409], [1411] and [1413]. Mr. Isaacson confirms that Oracle will with withdraw monetary claims and proceed with a bench trial. Mr. Thomas asks that a stipulation and order be drawn up to dismiss those claims referenced by Mr. Isaacson. Mr. Isaacson and Mr. Thomas confirm that the parties have agreed to try the case before the Court. The Court will direct the jury coordinator to cease working on summonses for this case.
The Court, Mr. Isaacson and Mr. Thomas discuss the recent changes. Good cause appearing, the Trial set for 11/2/2022 at 9:00 AM is reset to 11/29/2022 at 09:00 AM in Courtroom to be determined before Chief Judge Miranda M. Du. The Court will issue its order regarding bench trials, which will advise counsel or trial related deadlines and submissions.
Mr. Thomas suggests that each side have 20 hours to present evidence. Mr. Isaacson would like to have 25 hours per side. The Court directs them to meet and confer.
The Court notes that some of the motions in limine may either be moot or irrelevant in light of the conversion of this trial from jury to bench trial. The Court directs the parties to file a status report (which may be joint) indicating which motions are moot or irrelevant by 10/18/2022. The stipulation to dismiss certain claims is due by 10/21/2022.
(no image attached) (Copies have been distributed pursuant to the NEF - PAV) Modified on 10/14/2022 (PAV). (Re-Nefed)
[The names and email addresses of the persons to which the Notice was electronically distributed have been redacted]