Palantir (PLTR) Must Arbitrate Claims made by Former Staffers who Started a Rival Company, Judge says

1 hour ago 3

Fatima Gulzar

Sat, May 16, 2026 astatine 9:07 AM CDT 1 min read

Palantir Technologies Inc. (NASDAQ:PLTR) is 1 of the

9 Most Profitable Tech Stocks to Buy Right Now.

On May 13, 2026, Reuters reported that US District Judge Paul Oetken ordered Palantir Technologies Inc. (NASDAQ:PLTR) to arbitrate claims accusing 3 erstwhile engineers of utilizing confidential accusation to physique rival steadfast Percepta AI. The District Judge rejected the company’s effort to support the lawsuit successful court.

Oetken said Palantir Technologies Inc. (NASDAQ:PLTR) could not bypass arbitration by seeking conscionable an injunction, penning that the contractual objection applied solely to enforcing arbitration itself, not underlying employment-related disputes, Reuters reported.

Palantir (PLTR) Must Arbitrate Claims made by Former Staffers who Started a Rival Company, Judge says

Palantir (PLTR) Must Arbitrate Claims made by Former Staffers who Started a Rival Company, Judge says

The institution alleges CEO Hirsh Jain, co-founder Radha Jain, and Joanna Cohen accessed root codification and lawsuit data, past breached agreements protecting that information, Reuters said.

The defendants pushed for arbitration successful March, noting employment agreements requiring specified disputes to proceed extracurricular court.

In earlier rulings, Oetken barred Hirsh Jain and Radha Jain from recruiting Palantir Technologies Inc. (NASDAQ:PLTR) unit and restricted Cohen from violating confidentiality terms, portion allowing enactment astatine Percepta, Reuters reported.

Palantir Technologies Inc. (NASDAQ:PLTR) builds and uses bundle platforms that enactment arsenic cardinal operating systems for its customers. It operates successful the Commercial and Government segments.

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