Palantir Expands Legal Battle as PLTR Stock Dips Amid Poaching Allegations
Palantir Technologies intensifies its legal offensive against Percepta AI, alleging systematic poaching of employees and misuse of confidential data. Court filings reveal at least ten former Palantir staff joined the AI startup, with internal messages suggesting further recruitment plans.
PLTR shares edged 1% lower in early trading as litigation risks overshadowed the company's growth narrative. The case tests enforceability of non-competes ahead of New York's proposed ban on such agreements.
Third-party compliance vendors report increased demand from AI startups seeking to mitigate poaching risks. Percepta denies wrongdoing, calling the lawsuit "baseless" while its executives agreed to temporary work restrictions during proceedings.