Philips Sets Aside $633M To Resolve CPAP Economic Class Action

Mealey's (April 28, 2023, 11:58 AM EDT) -- AMSTERDAM — Koninklijke Philips NV says it has taken a $633.17 million provision “in anticipation of a resolution of the economic class action in the U.S.” involving the company’s recalled continuous positive air pressure (CPAP) sleep apnea devices and respirators....