Elisabeth Diana, formerly head of communications at Deel, has resigned from the company amid allegations of corporate espionage directed at Deel by competitor Rippling. The lawsuit against Deel, which cites violations of the RICO act and misappropriation of trade secrets, raises significant legal and reputational challenges for the startup, last valued at $12.6 billion. With Diana's exit and the ongoing lawsuit, Deel's prospects, including its potential plans to go public, are now in jeopardy. Deel has denied any wrongdoing in the allegations, which adds to the company’s tumultuous situation.
"Diana's departure from Deel follows accusations that the company engaged in corporate espionage, raising questions about its practices and future prospects."
"Rippling's lawsuit against Deel accuses the company of serious legal violations, including trade secret misappropriation and RICO racketeering, signaling a troubled landscape for Deel."
Collection
[
|
...
]