Larry Ellison sued by shareholders for involvement in Warner Bros. Exploration acquisition deal

A shareholder has sued Larry Ellison, David Ellison, and Paramount Skydance Corp. board members in an attempt to block their $110 billion acquisition of Warner Bros. Exploration (WBD). The lawsuit accuses Larry Ellison and David Ellison of entering into an illegal transaction with US President Trump, promising to provide illegal private benefits to eliminate federal regulatory barriers, including the dismissal of CNN news anchors.