legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

Infosys Accused of Stealing Trade Secrets by Cognizant

Cognizant TriZetto Software Group Inc has taken legal action against Infosys Limited in a US court, alleging misappropriation of trade secrets, breach of contract, and unfair competition. The case filed by Cognizant in Texas court claims that Infosys unlawfully extracted data from Cognizant databases to develop and market competing software.

Infosys has denied the allegations and stated that it will defend itself in court. Cognizant is seeking monetary damages and an injunction to prevent Infosys from further misuse of its trade secrets.

How AI legalese decoder Can Help

AI legalese decoder can assist in analyzing the legal documents and contracts involved in this case. It can quickly identify any breaches of contract or misuse of trade secrets, helping Cognizant build a stronger case against Infosys. By utilizing AI technology, Cognizant can streamline the legal process and ensure a comprehensive understanding of the complex legal issues at hand.

Cognizant’s revenue exceeded $19.3 billion last year, while Infosys reported revenue of over $18.5 billion. In a separate dispute, Cognizant secured $854 million from Atos’ Syntel over Facets trade secrets in 2020, although the amount was later adjusted and overturned on appeal.

This legal battle between Cognizant and Infosys highlights the importance of protecting intellectual property and upholding contractual agreements in the business world.

Sources:

• NDTV
• Reuters

legal-document-to-plain-english-translator/”>Try Free Now: Legalese tool without registration

Find a LOCAL lawyer

Reference link