Philips has agreed to pay $1.1 billion to settle hundreds of personal injury lawsuits in the U.S. related to its defective sleep apnea machines. The settlement follows a massive global recall of the devices after numerous lawsuits were filed. The proposed settlement will effectively end more than 700 lawsuits filed after a 2021 recall of the company's sleep apnea devices and ventilators. The settlement only resolves current cases and does not allocate funds for potential future cancer claims over the machines.
Philips pays $1.1B to settle sleep apnea device lawsuits https://t.co/qPut8w5h4p
Philips will pay $1.1billion to people who said company's $1,600 sleep apnea machines gave them CANCER https://t.co/d94NWr51b8 https://t.co/8ewydUb8Ip
A $1.1 billion settlement of US lawsuits by Philips over sleep-apnea devices only resolves current cases. It doesn’t set aside money for potential future cancer claims over the machines https://t.co/EuxaGfntII
Philips settles sleep apnea device lawsuits for $1.1 billion https://t.co/lWdUpAJgfT
New: The proposed settlement will effectively end more than 700 lawsuits filed after the 2021 recall of millions of the company's widely used sleep apnea devices and ventilators. https://t.co/UCBGqRUIjA
Medical device maker Philips said Monday it will pay $1.1 billion to settle hundreds of personal injury lawsuits in the U.S. over its defective sleep apnea machines, which have been subject to a massive global recall. https://t.co/bA44wMRl6B
🇺🇸 Philips settles lawsuits over defective sleep apnea machines for $1.1B https://t.co/v8mFnZVz6s
Philips to settle hundreds of defective sleep apnea machine lawsuits for $1.1 billion. https://t.co/9aWWDOGZy7
Icymi: Philips Posts Record Surge After US Sleep Apnea Settlement https://t.co/xsLXLBkE3x by @cagankoc
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