Philips Must Face Investor Suit Over FDA Compliance Issues

By Sydney Price · September 24, 2024, 9:08 PM EDT

Health technology company Koninklijke Philips and its former CEO cannot escape a suit accusing them of misleading investors about the safety and compliance of its subsidiary's sleep and respiratory care products, which...

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Case Information

Case Title

Patel v. Koninklijke Philips N.V. et al

Case Number

1:21-cv-04606

Court

New York Eastern

Nature of Suit

Securities/Commodities

Date Filed

August 16, 2021