⁍ The verdict includes $284.8 million in compensatory damages and $569.7 million in punitive damages.
⁍ The trial counsel included Kirkland lawyers Mike De Vries, Gianni Cutri and Adam Alper.
– Information technology company Cognizant Technology Solutions Corp and its TriZetto Healthcare subsidiary have won a $854 million jury verdict against rival Syntel Inc for theft of trade secrets related to insurance administrative software, Westlaw Today reports. The jury in Manhattan federal court returned the verdict, which includes $284.8 million in compensatory damages and $569.7 million in punitive damages, after about two and a half hours of deliberation, Cognizant’s lawyers at Kirkland & Ellis said.
Source: https://www.reuters.com/article/ip-syntel/cognizant-trizetto-announce-854-million-trade-secret-verdict-against-syntel-idUSL1N2HJ01Y