Palantir Says Major Investor Stole Business Secrets, Applied for Patents
SAN FRANCISCO—Secretive data analytics firm Palantir Technologies has sued one of its earliest investors for allegedly stealing new business ideas and trying to patent them under his own name. Marc Abramowitz, who has been an investor in the company since 2005 and even maintained an office at its Palo Alto headquarters, used his position to rip off Palantir’s plans for applying Big Data in new business sectors, according to thecomplaint filed Thursday by lawyers at Boies, Schiller & Flexner.