BENGALURU: TCS on Tuesday stated it’s going to take a $125 million hit within the December quarter after it obtained a authorized setback within the mental property infringement case filed by healthcare agency Epic Techniques.
Epic had alleged that TCS and Tata America had accessed its internet portal with out authorisation whereas servicing a mutual consumer, after which used this data to develop their very own aggressive hospital administration system software program referred to as Med Mantra.
The US Supreme Courtroom has confirmed a punitive damages award of $140 million within the Epic Techniques case, TCS stated in an trade submitting.
Within the evaluation within the Seventh Circuit Order in July, the court docket doc confirmed, “it described how TCS workers – figuring out full nicely that they have been unauthorised to view Epic’s internet portal – intentionally and repeatedly accessed and downloaded confidential data that Epic had spent years creating, after which used that data to try to compete with Epic.”
“The district court docket additionally described the steps TCS management took to hide their scheme – disciplining an inner whistleblower, failing to protect related paperwork, mendacity when questioned by Epic, after which mendacity once more when questioned beneath oath. The court docket described this conduct as “repeated, deliberate, and cynical”.
Epic had alleged that TCS and Tata America had accessed its internet portal with out authorisation whereas servicing a mutual consumer, after which used this data to develop their very own aggressive hospital administration system software program referred to as Med Mantra.
The US Supreme Courtroom has confirmed a punitive damages award of $140 million within the Epic Techniques case, TCS stated in an trade submitting.
Within the evaluation within the Seventh Circuit Order in July, the court docket doc confirmed, “it described how TCS workers – figuring out full nicely that they have been unauthorised to view Epic’s internet portal – intentionally and repeatedly accessed and downloaded confidential data that Epic had spent years creating, after which used that data to try to compete with Epic.”
“The district court docket additionally described the steps TCS management took to hide their scheme – disciplining an inner whistleblower, failing to protect related paperwork, mendacity when questioned by Epic, after which mendacity once more when questioned beneath oath. The court docket described this conduct as “repeated, deliberate, and cynical”.
