The settlement comes after a yearslong legal battle concerning 15 million recalled DreamStation CPAP and other respiration ...
Philips has reached a $1.1 billion agreement to settle claims from about 58,000 people stemming from its yearslong recall of ...
Philips shares surged 35% early on Monday as the medical devices maker announced a smaller-than-expected settlement to ...
Koninklijke Philips (PHG) reached a $1.1 billion settlement over a US device recall for its respiratory ... by the US Department of Justice. Philips CEO Roy Jakobs speaks with Yahoo Finance's ...
Philips has a renewed focus, says CEO Roy Jakobs, now that the company has resolved additional settlements and finalized a ...
Philips, the Dutch manufacturer of medical devices, announced on Monday its decision to pay $1.1 billion in a settlement ...
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 ...
(Adds Q1 results in paragraphs 9-13, CEO quote in 6th paragraph ... Amsterdam-based Philips has been grappling with the fallout of its recall of millions of breathing devices and ventilators ...