July 19 (Reuters) - Oracle agreed to pay $115

million to settle a lawsuit accusing the database software and

cloud computing company of invading people's privacy by

collecting their personal information and selling it to third

parties.

A preliminary settlement of the proposed class action was

filed on Thursday night in San Francisco federal court, and

requires a judge's approval. Oracle denied wrongdoing.

The plaintiffs, who otherwise have no connection to Oracle,

said the company violated federal and state privacy laws and

California's constitution by creating unauthorized "digital

dossiers" for hundreds of millions of people.

They said the dossiers contained data including where people

browsed online, and where they did their banking, bought gas,

dined out, shopped and used their credit cards.

Oracle then allegedly sold the information directly to

marketers or through products such as ID Graph, which according

to the company helps marketers "orchestrate a relevant,

personalized experience for each individual."

The settlement covers people whose personal information

Oracle collected or sold since Aug. 19, 2018.

As part of the settlement, the Austin, Texas-based company

agreed to not to gather user-generated information from URLs of

previously visited websites, or text that users enter in online

forms other than on Oracle's own websites.

Oracle did not immediately respond on Friday to requests for

comment.

The named plaintiffs include privacy rights activist Michael

Katz-Lacabe and Jennifer Golbeck, a University of Maryland

professor specializing in social media and privacy.

Lieff Cabraser Heimann & Bernstein, which represents the

plaintiffs, may seek up to $28.75 million from the settlement

for legal fees.

The case is Katz-Lacabe et al v. Oracle America Inc, U.S.

District Court, Northern District of California, No. 22-04792.