Tata Consultancy Services faces new law suit over ‘trade secret theft’ - News Summed Up

Tata Consultancy Services faces new law suit over ‘trade secret theft’


TCS is currently appealing that in a higher court.TCS is “improperly accessing” its codes, the US-based CSC said in its lawsuit filed last week in Texas, seeking punitive damages. ET has seen a copy of the lawsuit.“Our legal team is reviewing the allegations and will respond appropriately. CSC said it had no way of knowing if TCS was looking at other parts of its code.“These cases take a long time. But it is a concern if it will affect more deals in the insurance sector in the US,” an analyst with a Mumbai brokerage said.CSC’s suit also cites the Epic verdict against TCS. “Having learned nothing from the outcome of the Epic litigation or the massive judgment entered against it, TCS continues to improperly access, copy and make improper use of CSC’s source code, trade secrets and proprietary information,” it said.


Source: Economic Times April 30, 2019 00:45 UTC



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