Plaintiffs cannot seek damages because they have no injury, company says CPAP machines and mechanical ventilators recalled over issues with foam (Reuters) - Dutch conglomerate Koninklijke Philips NV ...
Earlier this year, Philips set aside 575 million euros ($615 million) to prepare for a settlement over one set of complaints filed in the massive U.S. class-action lawsuit over the company’s ongoing ...
Philips has agreed to pay $479 million to resolve lawsuits brought by consumers over its recalled CPAP and other breathing machines. The class action settlement, announced on Thursday, resolves ...
Medical device company Philips reached a settlement Monday to shell out $1.1 billion to cover hundreds of personal injury lawsuits linked to its respiration and sleep apnea machines. The manufacturer ...
Philips Respironics received thousands of complaints about a dangerous defect in its breathing machines but kept them secret for years as stock prices soared. The devices, including the popular ...
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 ...
The class action settlement, announced on Thursday, provides cash payments to consumers who purchased the recalled devices and $100 awards to those who return them. Lead plaintiffs lawyers in the ...