US court reduces damages in TCS- Epic Systems case, company to appeal - Business News, Finance News, Share Market News - Market trendz

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Friday 21 August 2020

US court reduces damages in TCS- Epic Systems case, company to appeal

“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 million,” TCS said in its filing on the Bombay Stock Exchange.

from Tech-Economic Times
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