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 ...
The proposed settlement will effectively end more than 700 lawsuits filed after the 2021 recall of millions of the company’s ...
Philips shares surged 35% early on Monday as the medical devices maker announced a smaller-than-expected settlement to ...
Medical device maker Philips will pay $1.1 billion to settle personal injury lawsuits in the U.S. over its defective sleep ...
Philips has a renewed focus, says CEO Roy Jakobs, now that the company has resolved additional settlements and finalized a ...
The company said it would pay $1.1 billion to resolve personal injury and medical monitoring litigation in the U.S.
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 ...
In the company’s first quarter financial report on Monday, CEO Roy Jakobs said the settlement ... In launching the recall, Philips said the degrading foam inside the machines could cause serious ...