REDWOOD SHORES, Calif., Sept. 22,
2016 /PRNewswire/ -- The United States District Court
for the District of Nevada granted
Oracle's motion for a permanent injunction against continued
copyright infringement by Rimini Street and continued computer
access violations by Rimini and its President and CEO, Seth Ravin, in Oracle's long-running litigation
against Rimini and Ravin. The Court also awarded Oracle
$46 million in attorneys' fees and
costs against Rimini and Ravin personally on top of the
$50M in damages awarded by the jury
last year, including a $14 million
award against Ravin personally. Additionally, the Court granted
Oracle's motion for an award of prejudgment interest, which we
anticipate will exceed $24
million.
"The Court's order sends a powerful message to protect
innovators," said Oracle's General Counsel Dorian Daley. "This order helps to protect
Oracle's investment in its software to benefit its customers and
confirms that Rimini's infringement was unrepentant. Rimini and
Ravin continue to falsely assert that their conduct is
permissible. Their customers and prospective customers are on
notice of their grave misconduct and the consequences of that
misconduct."
The Court awarded the permanent injunction because "Rimini's
business model was built entirely on its infringement of Oracle's
copyrighted software." The Court emphasized that "the
evidence in action established Rimini's callous disregard for
Oracle's copyrights and computer systems when it engaged in the
infringing conduct." In awarding Oracle its attorneys' fees, the
Court noted that "Oracle successfully prevailed on its claim for
copyright infringement as the jury found that Rimini infringed
every one of the 93 separate copyright registrations at
issue." Further, the "$50
million verdict against defendants" was "five times the
damages number presented at trial by defendants' damages expert,"
demonstrating Oracle's "substantial success" against
Rimini.
Significantly, the Court found that Rimini's previous denial of
copyright infringement was based on "a conscious disregard for the
manner that Rimini used ... Oracle's copyrighted software,"
and that Rimini's "significant litigation misconduct," including
the intentional "destruction of evidence," warranted the award of
fees.
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SOURCE Oracle