US court trims fine on TCS to $420 mn in Epic Systems suit
NEW DELHI: IT major Tata Consultancy Services (TCS)+ on Sunday said that a US court has more than halved the compensatory and punitive damages demanded from the company to $420 million in a lawsuit filed by Epic Systems Corporation.
The matter relates to a US grand jury order that slapped two Tata group companies — Tata Consultancy Services+ and Tata America International Corp — with a $940 million fine in a trade secret lawsuit filed against them by Epic in April 2016.
Credit: timesofindia.indiatimes.com