Ex-Philips CEO Can't Undo Finding He Misled Shareholders

By Emilie Ruscoe · October 28, 2025, 4:47 PM EDT

A Brooklyn federal judge will not reverse a finding that a former CEO of health technology company Koninklijke Philips NV misled shareholders about the safety and compliance of a subsidiary's sleep...

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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