 "TCS")
An appeals court in the United States has held that punitive damages of $280 million against Tata Consultancy Services (TCS) in a trade secret lawsuit filed by American medical software company Epic Systems were excessive.
However, the court in Chicago upheld compensatory damages award of $140 million, TCS said in regulatory filings at stock exchanges on Friday.
TCS said it is exploring the options available to it, adding that it believes there is no evidence of it misusing Epic's information. "TCS will vigorously defend its position before the relevant court," it said.
According to reports, Epic had filed the lawsuit in 2014 against
