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 ...
Royal Philips CEO Roy Jakobs addressed the settlement during the earnings call. “Patient safety and quality is our highest ...
The proposed settlement will effectively end more than 700 lawsuits filed after the 2021 recall of millions of the company’s ...
Philips Respironics announced that it agreed to pay over a billion dollars to settle claims stemming from the 2021 U.S.
By Bart H. Meijer AMSTERDAM (Reuters) -Philips shares surged 33% at the start of trading on Monday, as the Dutch medical ...
Philips has a renewed focus, says CEO Roy Jakobs, now that the company has resolved additional settlements and finalized a ...
A judge recently finalized an economic claims settlement, and Philips said it reached an agreement on medical claims.
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 ...
Medical device maker Philips will pay $1.1 billion to settle personal injury lawsuits in the U.S. over its defective sleep ...
Under a related deal, users who return devices by Aug. 9 can get an extra $100. As part of the recall, the company is ...