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 ...
Under the consent decree, Philips (PHG) Respironics will continue to prioritize completing the remediation of the sleep and respiratory care devices under its voluntary 2021 recall. Philips (PHG ...
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 ...
Under the agreement, the FDA will use rare powers to require repairs, replacements or refunds for recalled respiratory machines.
Federal transportation regulators have opened an investigation into Tesla's remedy to concerns about the electric vehicle (EV ...
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 ...
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 ...