The Hindu

TCS: U.S. court held damages as ‘excessive’

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Tata Consultanc­y Services on Friday said a U.S. Court of Appeals had held that the punitive damages award of $280 million on the Indian company in an intellectu­al property rights case with Epic Systems was ‘constituti­onally excessive’.

The Court had however, upheld the compensato­ry damages award of $140 million, TCS added.

“TCS is exploring the options available to it,” the IT major said.

The matter relates to a U.S. grand jury order that slapped two Tata companies — TCS and Tata America Internatio­nal — with a $940 million fine in a trade secret lawsuit filed against them by Epic in 2016.

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