Philips stock soared nearly 30% on Monday to over $27 after the the Dutch medical device maker announced it has agreed to pay ...
The settlement comes after a yearslong legal battle concerning 15 million recalled DreamStation CPAP and other respiration ...
Philips Respironics announced that it agreed to pay over a billion dollars to settle claims stemming from the 2021 U.S.
Philips shares surged 35% early on Monday as the medical devices maker announced a smaller-than-expected settlement to ...
The proposed settlement will effectively end more than 700 lawsuits filed after the 2021 recall of millions of the company’s ...
John Elkann’s risky bet on Philips is starting to pay off. The Agnelli scion’s investment firm Exor spent nearly $3 billion ...
Philips has reached a $1.1 billion agreement to settle claims from about 58,000 people stemming from its yearslong recall of ...
Monday’s announcement is another step toward resolving one of the biggest medical device recalls ... CEO Roy Jakobs said in a ...
Philips, the Dutch manufacturer of medical devices, announced on Monday its decision to pay $1.1 billion in a settlement ...
The company said it would pay $1.1 billion to resolve personal injury and medical monitoring litigation in the U.S.