PHG - Philips Settles US Economic Loss Claims Over Sleep Respiratory Device Recall | Benzinga
Royal Philips (NYSE: PHG) has announced a significant development in its ongoing efforts to address concerns related to its voluntary recall of certain sleep and respiratory care devices manufactured by its subsidiary, Philips Respironics.
The company and its US subsidiaries have agreed to resolve all economic loss claims related to these devices in the US Multidistrict Litigation (MDL).
The agreement does not ...