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Earlier this year, Dutch medical device maker Royal Philips reached a $1.1 billion deal to settle thousands of claims stemming from a recall in 2021 of millions of its breathing machines like CPAPs ...
The settlement, which resolves claims by more than 4 million class members, does not provide monetary relief and includes more than $4.8 million in attorney fees and costs. In 2021, Philips recalled ...
LOS ANGELES (KABC) -- Rather than weight loss and surgery, getting a CPAP machine has been the top go-to treatment for people with a severe snoring disorder called sleep apnea. But after the Food and ...
Technology company Philips plans to cut an estimated 5% of its workforce, about 4,000 positions, due to losses caused by the recall of a sleep apnea product as well as supply chain issues, according ...
Sept 24 (Reuters) - (This Sept.24 story has been refiled to remove a picture, with no changes to text) Investor group European Investors-VEB on Wednesday applied for a court inquiry into Philips ...
This article originally appeared in ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. For ...
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