The settlement comes after a yearslong legal battle concerning 15 million recalled DreamStation CPAP and other respiration ...

Philips stock soared nearly 30% on Monday to over $27 after the the Dutch medical device maker announced it has agreed to pay ...

Philips Respironics announced that it agreed to pay over a billion dollars to settle claims stemming from the 2021 U.S.

Philips shares surged 35% early on Monday as the medical devices maker announced a smaller-than-expected settlement to ...

Royal Philips CEO Roy Jakobs addressed the settlement during the earnings call. “Patient safety and quality is our highest ...

The proposed settlement will effectively end more than 700 lawsuits filed after the 2021 recall of millions of the company’s ...

John Elkann’s risky bet on Philips is starting to pay off. The Agnelli scion’s investment firm Exor spent nearly $3 billion ...

Medical device maker Philips will pay $1.1 billion to settle personal injury lawsuits in the U.S. over its defective sleep ...

Philips has reached a $1.1 billion agreement to settle claims from about 58,000 people stemming from its yearslong recall of ...

Philips shares jumped over 46% on Monday after the company agreed to a $1.1 billion settlement in the US over personal injury ...