US court halves fine on TCS in Epic Systems lawsuit to $140 million

Directs Trial Court to reassess; TCS to exploring legal options as it believes there is no evidence of misuse of Epic information

An appeals court in the US has upheld that the punitive damages of $280 million against Tata Consultancy Services (TCS) in a trade secret theft lawsuit, involving medical software company Epic Systems, were ‘excessive’. The court halved the damages to $140 million. 

In a regulatory filing, the company on Friday said the US Court of Appeals, 7th Circuit, Chicago, returned this verdict on the appeal filed by TCS. “The court held that the punitive damages award of $280 million is constitutionally excessive and directed the trial court to reassess the punitive damages. The court upheld the compensatory damages award of $140