The DJS Law Group Investigating Palantir Technologies Inc (PLTR) For Violations of Securities Laws

​Palantir Technologies Inc. (NASDAQ:PLTR) is one of the Hottest Mega-Cap Stocks of 2025. On October 13, The DJS Law Group announced that it is investigating Palantir Technologies Inc. (NASDAQ:PLTR) for violations of securities laws on behalf of the company’s investors.

​The investigation follows a report by Reuters, published on October 4, which cited a recent internal Army memo. The memo stated that the US Army’s battlefield communication network, which was being undertaken by Palantir Technologies Inc. (NASDAQ:PLTR), Anduril, and other companies, has fundamental security problems.

​The NGC2 platform connects soldiers, sensors, vehicles, and commanders with real-time data. The memo notes,

“We cannot control who sees what, we cannot see what users are doing, and we cannot verify that the software itself is secure.”

​Although a spokesperson from Palantir Technologies Inc. (NASDAQ:PLTR) noted that no vulnerabilities were found in the Palantir platform. However, the Army memo noted battlefield communications networks to be treated as a very high risk, given the hosted 3rd party applications.

​The DJS Law Group investigation is focused on assessing whether Palantir Technologies Inc. (NASDAQ:PLTR) issued misleading statements and/or failed to disclose important information with regard to the Reuters report.

​Palantir Technologies Inc. (NASDAQ:PLTR) is a technology company that develops software platforms to assist in counterterrorism investigations and operations. Some of the company’s key platforms include Gotham, Foundry, Apollo, and the Artificial Intelligence Platform.

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Disclosure: None. This article is originally published at Insider Monkey.