TCS Settles Orange County Lawsuit for $26 Mn; Shares Down
India’s largest IT firm Tata Consultancy Services and its US affiliate have paid Orange County, Calfornia, $26 million to settle a lawsuit over what the latter termed as a “failed replacement” to the county’s automated property tax system. “TCS and Orange County have agreed to settle an ongoing dispute regarding the joint development of a Property Tax Management System,” a TCS spokesperson …
