Philips stock soared nearly 30% on Monday to over $27 after the the Dutch medical device maker announced it has agreed to pay ...
The proposed settlement will effectively end more than 700 lawsuits filed after the 2021 recall of millions of the company’s ...
Philips has a renewed focus, says CEO Roy Jakobs, now that the company has resolved additional settlements and finalized a ...
The settlement comes after a yearslong legal battle concerning 15 million recalled DreamStation CPAP and other respiration ...
Medical device maker Philips announced a nearly $1.1 billion personal injury settlement over some of its CPAP, ventilators ...
Philips shares surged 35% early on Monday as the medical devices maker announced a smaller-than-expected settlement to ...
By Bart H. Meijer AMSTERDAM (Reuters) -Philips shares surged 33% at the start of trading on Monday, as the Dutch medical ...
John Elkann’s risky bet on Philips is starting to pay off. The Agnelli scion’s investment firm Exor spent nearly $3 billion ...
Philips has reached a $1.1 billion agreement to settle claims from about 58,000 people stemming from its yearslong recall of ...
Medical device maker Philips will pay $1.1 billion to settle personal injury lawsuits in the U.S. over its defective sleep ...
Philips shares jumped over 46% on Monday after the company agreed to a $1.1 billion settlement in the US over personal injury ...
Health technology company Royal Philips agreed to resolve personal injury litigation and medical-monitoring class action ...