Comment by landl0rd

Uh huh "everything is securities fraud"

Your personal motivations for pursuing a particular commercial enterprise and the business of the enterprise itself are not the same. One is the purpose of the company, the other is your purpose in working for or founding it.

You'd have a very hard time arguing the materiality of Lonsdale's personal political beliefs and anti-communist stance for the investors of Palantir. Even a good attorney would have a hard time arguing this. He'd have an impossible time arguing it against another very able attorney. He'd also have an impossible time proving actual damages, which means you couldn't win a securities fraud civil case. Or common law fraud.

Oh also any investor who sued someone who made him boatloads of money over his political beliefs would have a very tough time finding someone to take his dollars and give him board seats in the future.