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 ...

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 ...

Over 5 million Phillips pressurized breathing machines have been recalled in the past two years. Now, Phillips can't sell them anymore. Taylor Leamey wrote about all things wellness for CNET, ...

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 ...