Technology company Philips plans to cut an estimated 5% of its workforce, about 4,000 positions, due to losses caused by the recall of a sleep apnea product as well as supply chain issues, according ...

Court determined that a party was not fraudulently joined and thus it lacked subject-matter jurisdiction. Plaintiffs' motion to remand their products liability lawsuit to Kentucky state court granted.

Sept 8 (Reuters) - Paris prosecutors opened a criminal probe into Philips (PHG.AS), opens new tab in June over its recall of sleep apnea devices, probing possible charges including aggravated fraud ...

The court granted MDL lead plaintiff's motion to remand to Massachusetts state court due to the forum defendant rule. Spillman, the lead plaintiff, is a citizen of Alabama and claimed that all the ...