April 26, 2021
December 14, 2022
|By Megan McGregor
Philips warned investors in its first quarter earnings report of “possible risks to users” of breathing assistance machines but did not disclose the full extent of its knowledge about the risks posed by the PE-PUR foam and attempted to deflect the blame on factors. At no point prior to this date did Philips even hint that there was a dangerous condition in its recalled devices.