Philips Settles Economic Claims Over Recalled Breathing Machines for $479M


Philips has agreed to pay $479 million to resolve lawsuits brought by consumers over its recalled CPAP and other breathing machines.

The class action settlement, announced on Thursday, resolves economic claims but not personal injury or medical monitoring claims over the recalled CPAP (continuous positive airway pressure) and other breathing machines that lawsuits linked to cancer.

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