Philips settles US sleep machine cases for $1.1 billion

Dutch medical device maker Philips said Monday it had reached a $1.1 billion deal to settle US lawsuits over faulty sleep machines that have dogged the company.

Apr 29, 2024 - 17:37
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Philips settles US sleep machine cases for $1.1 billion
Dutch medical device maker Philips said Monday it had reached a $1.1 billion deal to settle US lawsuits over faulty sleep machines that have dogged the company.

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Phillimon Sefake Phillimon Sefake is a creative writer and literary scholar