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

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

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

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

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

Philips has a renewed focus, says CEO Roy Jakobs, now that the company has resolved additional settlements and finalized a ...

and we have taken important steps in further resolving the consequences of the Respironics recall," said Roy Jakobs, CEO of Royal Philips, in a statement. "The approved consent decree and economic ...

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

and we have taken important steps in further resolving the consequences of the Respironics recall," said Roy Jakobs, CEO of Royal Philips, in a statement. "The approved consent decree and economic ...

Amsterdam-based Philips has grappled with the fallout of its recall of millions of breathing ... carrying potential cancer risks. CEO Roy Jakobs declined to say whether the bill was smaller ...

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