Philips stock soared nearly 30% on Monday to over $27 after the the Dutch medical device maker announced it has agreed to pay ...
Medical device maker Philips announced a nearly $1.1 billion personal injury settlement over some of its CPAP, ventilators ...
The settlement comes after a yearslong legal battle concerning 15 million recalled DreamStation CPAP and other respiration ...
Philips has a renewed focus, says CEO Roy Jakobs, now that the company has resolved additional settlements and finalized a ...
The proposed settlement will effectively end more than 700 lawsuits filed after the 2021 recall of millions of the company’s ...
By Bart H. Meijer AMSTERDAM (Reuters) -Philips shares surged 33% at the start of trading on Monday, as the Dutch medical ...
Philips shares surged 35% early on Monday as the medical devices maker announced a smaller-than-expected settlement to ...
A judge recently finalized an economic claims settlement, and Philips said it reached an agreement on medical claims.
Philips Respironics announced that it agreed to pay over a billion dollars to settle claims stemming from the 2021 U.S.
Philips has reached a $1.1 billion agreement to settle claims from about 58,000 people stemming from its yearslong recall of ...
For $1.1 billion, Philips Respironics will settle personal injury and medical monitoring lawsuits related to the safety of its continuous positive airway pressure machines and respirators.
Medical device maker Philips will pay $1.1 billion to settle personal injury lawsuits in the U.S. over its defective sleep ...