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  2. A $1 billion CPAP recall devastated Philips. The CEO’s ...

    www.aol.com/finance/1-billion-cpap-recall...

    Earlier this year, Dutch medical device maker Royal Philips reached a $1.1 billion deal to settle thousands of claims stemming from a recall in 2021 of millions of its breathing machines like ...

  3. Philips will pay $1.1 billion to resolve US lawsuits over ...

    www.aol.com/news/philips-pay-1-1-billion...

    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 ...

  4. Philips shares surge on US recall settlement news - AOL

    www.aol.com/news/philips-pays-1-1-billion...

    Philips said it had agreed to pay $1.1 billion to settle all personal injury claims filed in the U.S., ending uncertainty that had slashed its market value over the past three years.

  5. Christopher A. Seeger - Wikipedia

    en.wikipedia.org/wiki/Christopher_A._Seeger

    In 2022, Seeger was appointed Co-lead Counsel in an MDL prosecuting claims related to the disintegration or outgassing of foam in Philips CPAP sleep apnea machines and other Philips assisted breathing devices. [30] On September 7, 2023, a settlement to resolve economic claims, worth at least $479 million, was announced. [31]

  6. CPAP maker Philips agrees to pay at least $479 million to ...

    www.aol.com/cpap-maker-philips-agrees-pay...

    CPAP sleep apnea machine maker Philips Respironics agreed to pay at least $479 million in a settlement over alleged health risks from toxic sound reducing foam, lawyers for the plaintiff announced ...

  7. Milberg - Wikipedia

    en.wikipedia.org/wiki/Milberg

    In January 2023, Milberg helped reach a $106 million settlement with the City of Charlotte over Charlotte Water's ability to charge development fees prior to 2017 and the methodology used to determine how much developers would pay in order to comply with state law. Milberg argued Charlotte Water's charges were ultra vires, or beyond its powers.

  8. Philips settles one category of U.S. claims over respirator ...

    www.aol.com/news/dutch-company-philips-reaches-u...

    AMSTERDAM (Reuters) -Philips said on Thursday it has reached a settlement to resolve one category of legal claims against it following a major recall of the Dutch medical equipment maker's sleep ...

  9. 561 deaths linked to recalled Philips sleep apnea machines ...

    www.aol.com/561-deaths-linked-recalled-philips...

    A 2021 recall of Philips breathing devices is related to 561 deaths, the U.S. Food and Drug Administration said Wednesday. ... Administration's 2021 recall of Philips' ventilators, BiPAP and CPAP ...