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Philips announced (Apr 29, 2024) a $1.1 billion total resolution of US Respironics personal-injury and medical-monitoring litigation; the official court settlement site confirms $1.075 billion for personal-injury claims in MDL 3014 and Massachusetts state court (~58,000 registrants; injuries diagnosed by Apr 29, 2024 qualify).

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By People's Justice

What happened

Philips announced (Apr 29, 2024) a $1.1 billion total resolution of US Respironics personal-injury and medical-monitoring litigation; the official court settlement site confirms $1.075 billion for personal-injury claims in MDL 3014 and Massachusetts state court (~58,000 registrants; injuries diagnosed by Apr 29, 2024 qualify). Official FAQ gives illustrative averages of ~$26,875-$35,000 per qualifying case depending on claimant count; payments funded from cash flow, expected 2025; no admission of liability.

Event date:

Source: respironicspisettlement.com

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