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What will Infosys' market strategy be following the lawsuit outcome by end of 2024?
2
Resolution / Starting Odds
Launch new healthcare software • 25%
Discontinue competing software • 25%
No significant change • 25%
Enter new market • 25%
Official announcements from Infosys or industry reports
Story
Cognizant Sues Infosys Over Alleged Trade Secret Theft
Aug 24, 2024, 01:12 AM
Cognizant TriZetto has filed a lawsuit against Infosys in a Texas federal court, accusing the Indian tech company of stealing trade secrets related to its healthcare insurance software. The lawsuit alleges that Infosys extracted data from Cognizant's databases to develop and market competing software. Infosys has denied all allegations and stated it will vigorously defend its position in court. The legal battle involves proprietary algorithms, codebases, and data models underpinning Cognizant's QNXT and TriZetto Facets software. Notably, Cognizant's CEO, Ravi Kumar, is a former Infosys executive.
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Settlement • 25%
Wipro wins • 25%
Former executive wins • 25%
Dismissed • 25%
Non-compete clause lawsuit • 25%
Intellectual property lawsuit • 25%
Employment discrimination lawsuit • 25%
Other • 25%
Another tax-related investigation • 25%
Data privacy or security issue • 25%
Labor or employment dispute • 25%
No major action • 25%
Liable and fined • 25%
Not liable • 25%
Settlement reached • 25%
Case dismissed • 25%
Yes • 50%
No • 50%
Verdict upheld • 25%
Verdict overturned • 25%
Settlement reached • 25%
Appeal withdrawn • 25%
Continue fighting in court • 25%
Seek settlement • 25%
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Counter-sue • 25%
Appeal to international courts • 25%
Compliance with court order • 25%
Seek legislative change • 25%
No further action • 25%
Nvidia wins • 25%
Shareholders win • 25%
Settlement reached • 25%
Case ongoing • 25%