Philips will pay at least $613 million to settle economic lawsuits related to its recall of millions of CPAPs and other ...
The settlement comes nearly three years after the company acknowledged that an industrial foam fitted inside its machines ...
Federal Court Enters Consent Decree Against Philips Respironics Following Recall of Certain Sleep Therapy Machines ...
The recall ultimately grew to include about 5. ... the increased scrutiny will help us to improve even more,” said Philips CEO Roy Jakobs. “With the agreement on a consent decree for Philips ...
CEO Roy Jakobs in January noted on ... Under the terms of the agreement, Philips Respironics will continue the recall. The company said that more than 99% of the sleep therapy devices have been ...
Federal transportation regulators have opened an investigation into Tesla's remedy to concerns about the electric vehicle (EV ...
Under the agreement, the FDA will use rare powers to require repairs, replacements or refunds for recalled respiratory machines.
The U.S. government’s auto safety agency is investigating whether last year’s recall of Tesla’s Autopilot driving system did ...
The U.S. National Highway Traffic Safety Administration said Friday it has launched an investigation of Tesla Inc.’s December ...
U.S. auto safety regulators said Friday they have opened an investigation into whether Tesla's recall of more than 2 million ...
and Philips Holding USA Inc., and Roy Jakobs, CEO of Royal Philips, along with several other individual defendants named in the decree. The consent decree, with limited exceptions, restricts the ...