Civil Litigation
Oct. 13, 2025
Former Mithril executive faces setback in fight over data theft claims
A San Francisco judge partially overruled a demurrer that could shape the outcome of a high-stakes legal fight between Peter Thiel-backed venture fund Mithril Capital and its former managing director, James O'Neill. The dispute centers on allegations of data theft, fraud, and unpaid carried interest.
A San Francisco judge overruled in part a demurrer that boosts a lawsuit brought by Peter Thiel-backed venture capital fund Mithril Capital, which is counter-suing a former employee over claims of a yearslong campaign to steal sensitive company data.
The demurrer brought by the plaintiff, James O'Neill, a former managing director at Mithril, sought to invalidate the cross-complaint by claiming the three-year statute of limitations had expired on claims of fraud, conversion and...
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