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Stock impact report

DXC Welcomes U.S. Appeals Court Decision Affirming Award in Trade Secrets Case vs. TCS [Yahoo! Finance]

DXC Technology Company (DXC) 
Last dxc technology company earnings: 2/6 04:15 pm Check Earnings Report
US:NYSE Investor Relations: dxc.technology/investor_relations
Company Research Source: Yahoo! Finance
ASHBURN, VA. Jan. 14, 2026 /CNW/ - DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner, today acknowledged a recent decision by the U.S. Court of Appeals for the Fifth Circuit, upholding an award to DXC's subsidiary, CSC, of approximately $194 million, for trade secret misappropriation by Tata Consultancy Services (TCS). The Court of Appeals affirmed the District Court's decision that "TCS had willfully and maliciously misappropriated CSC's trade secrets." In affirming the award of over $100 million in punitive damages, the Court of Appeals referred to misrepresentations TCS made to its client and stated, "the district court's fact finding shows that TCS's conduct involved repeated action and that TCS acted maliciously and through repeated deceit…" The Court of Appeals concluded that the district court "had ample basis to find that TCS's conduct was intentional and showed "conscious disregard" for CSC's rights to their information." The Court's deci Show less Read more
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