Philips stock soared nearly 30% on Monday to over $27 after the the Dutch medical device maker announced it has agreed to pay ...
After a massive recall of CPAP devices, a settlement has been made to compensate users for damages. Here’s how the money will ...
Medical device maker Philips announced a nearly $1.1 billion personal injury settlement over some of its CPAP, ventilators ...
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 ...
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 ...
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 ...