In 2022, Salesforce unveiled software that processes and organize customer data in “real-time.”
A lawsuit filed by a former company vice president says “it was all a lie.”
The court documents say the software does not operate as fast as the term “real-time” suggests, and “in fact many of its processes took several hours.”
The lawsuit also claimed that the CDP team “wanted to redefine the meaning of 'real-time,' so that it could falsely claim that the CDP operated in real-time.”
“Plaintiff reasonably believed that publicly claiming the CDP operated in 'real-time' without actually having (or even intending to have in the near future) such a capability would be fraudulent, and likely violate numerous provisions of Federal law relating to fraud against shareholders, as well as rules and regulations of the Securities and Exchange Commission,” the lawsuit stated.
Wirth then decided to act as a whistleblower and brought up his concerns to the CDP team and other “key executives,” the lawsuit said.
In addition, he approached his direct supervisor, Lidiane Jones, now CEO of Slack Technologies, about his concerns. The lawsuit says Jones then began a “deceitful campaign to diminish” Wirth's reputation at the company.
One of Wirth's last “whistleblowing activities” was a one-on-one meeting with Saleseforce's CTO, Parker Harris, during which he brought up his concerns about the CDP team and Jones's “use of false criticisms.”
Wirth was fired hours later, the lawsuit says.
TLDR: Fat asshole CEO of the company with a PE of 1000 is allegedly running one fat fraud.
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