Philips agrees to $1.1 billion settlement following CPAP recalls
- Concluding ongoing class action and personal injury litigations, Philips announced it had reached an agreement through mediation under Judge Diane M. Welsh. The deal does not require Philips Respironics to admit fault or liability in the case; however, it does require them to make $1.1 billion in settlement payments. Since 2021, Philips Respironics...