Philips sets US$635mil aside for US lawsuits FMTNews FMTBusiness
Philips is a defendant in several class-action lawsuits in the US due to its faulty sleep respirators.
The Amsterdam-based firm said it was a defendant “in several class-action lawsuits and individual personal injury claims” in the US due to safety issues with the device. Once famous for making lightbulbs and televisions among other products, Philips in recent years sold off its subsidiaries to focus on medical care technology.
The company said sound-dampening foam in the machines could degrade, causing people to inhale or swallow pieces of the foam with “possible toxic and carcinogenic effects”.
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