Usacomplaints.com » Miscellaneous » Complaint / Review: Oracle Corporation - Severance, stock options and health insurance not honored after acquisition. #188741

Complaint / Review
Oracle Corporation
Severance, stock options and health insurance not honored after acquisition

Oracle bought out the company my daughter worked for (Seibel Systems) and failed to honor the severance package after promising her 3 months of continued health insurance (she is disabled) plus stocks and severance pay. After multiple emails and phone calls to various people at Oracle who obviously tried to confuse me and ultimately ignored me, I find I have no place to turn to for help as even the Ethics department has done nothing to help. The CO notified her via email that everything was in place ie: insurance, stocks, etc. When I logged on to Etrade I saw that the stocks were gone!!! Then on Friday at 5pm I was told her insurance is cancelled as of midnight that night. Now ETrade refuses to send me a copy of the stock report! Help what can I do? On top of that she is disabled and in so much pain and is unable to leave the house or to pursue this matter, unless I get an attorney which I cannot afford now that they refuse to send her my money! According to the DOL, I have read on line that many of their (Oracles) actions are illegal, but, I still don't know how to recover the severance pkg. And no one will cooperate with me at Oracle. They told me I am bothering them and to stop calling etc. I am doing my best to stay sane and help her.


Offender: Oracle Corporation

Country: USA   State: California   City: Redwood City
Address: 500 Oracle Parkway
Phone: 6505061857

Category: Miscellaneous

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