Overview
- Mphasis, in a March 31 U.S. filing, asked a court to block Coforge from assigning two former Mphasis executives to Charles Schwab projects and from using what it calls confidential business data.
- It also named former Mphasis vice president Brijesh Khergamker and sought to bar him from Schwab outsourcing work for one year or from taking business from Mphasis customers under his contract terms.
- The company requested compensatory damages and repayment of attorney fees and costs, and it did not disclose the amount sought.
- Coforge denied any wrongdoing, said it will mount a vigorous defense, and is weighing counterclaims, adding that the client in question has been its long-time account.
- If granted, the injunction would pull specific leaders off work for a shared Wall Street client, underscoring a wider trend of Indian IT firms litigating over hires and trade secrets seen in recent Infosys, Cognizant and Wipro disputes.