Peter Thiel's venture capital firm is sued by its former top lawyer

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Peter Thiel's venture capital firm is sued by its former top lawyer
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The former general counsel of Peter Thiel's Mithril Capital is suing her ex-employer, alleging wrongful termination and retaliation.

The former general counsel of Mithril Capital, a venture capital firm co-founded by investor Peter Thiel, is suing her ex-employer, saying she was wrongfully terminated in retaliation for acting as a whistle-blower.

In the complaint, McKellar reconstructs several conversations with Thiel, Mithril’s largest backer, who is not named as a defendant. Instead, the suit takes aim at Mirthril’s managing director, Ajay Royan, who McKellar alleges repeatedly lied to the firm’s investors. Royan didn’t immediately respond to a request for comment.pitched battle over the formerly low-key venture firm

McKellar is seeking to recoup at least $30 million in lost compensation, her lawsuit states, plus $30 million more for damages for the fallout she said she suffered because she told the Federal Bureau of Investigation and the Securities and Exchange Commission about mismanagement at the Austin, Texas-based firm.

McKellar, who once played Becky Slater on the hit TV show “The Wonder Years,” graduated from Yale University, earned her law degree from Harvard Law School and practiced law for nearly a decade before starting at Mithril. She joined her former Yale classmate Royan at the firm in 2012 as its general counsel and served as a managing director.

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