Palantir Sues Former Employees for Stealing Company Secrets

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Palantir

PLTR

-0.41%

decrease; red down pointing triangle has sued two of its former employees, alleging they engaged in a prolonged campaign of deception and theft to help build a competing artificial-intelligence company. 

In a lawsuit filed Thursday in the Southern District of New York, Palantir alleged that Radha Jain and Joanna Cohen violated their non-competition agreements after leaving the company and working on a “copycat” business—Percepta—owned by the venture-capital firm General Catalyst.

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