The settlement comes after a yearslong legal battle concerning 15 million recalled DreamStation CPAP and other respiration ...
Royal Philips CEO Roy Jakobs addressed the settlement during the earnings call. “Patient safety and quality is our highest ...
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 ...
Philips has a renewed focus, says CEO Roy Jakobs, now that the company has resolved additional settlements and finalized a ...
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 ...
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 ...
Under a related deal, users who return devices by Aug. 9 can get an extra $100. As part of the recall, the company is ...