Dutch shareholders threaten to sue Philips over recall -media By Reuters
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© Reuters. FILE PHOTO: Dutch technology company Philips’ logo is seen at company headquarters in Amsterdam, Netherlands, January 29, 2019. REUTERS/Eva Plevier/File PhotoAMSTERDAM (Reuters) – Dutch shareholders association VEB is threatening to take Philips to court over its handling of a worldwide recall of respiratory machines, claiming it caused billions in losses by giving incorrect information to shareholders, Dutch paper FD reported on Monday citing a letter the VEB sent the company.
Philips confirmed it had received a letter from the VEB on Sunday night, providing no details of its content.
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© Reuters. FILE PHOTO: Dutch technology company Philips’ logo is seen at company headquarters in Amsterdam, Netherlands, January 29, 2019. REUTERS/Eva Plevier/File PhotoAMSTERDAM (Reuters) – Dutch shareholders association VEB is threatening to take Philips to court over its handling of a worldwide recall of respiratory machines, claiming it caused billions in losses by giving incorrect information to shareholders, Dutch paper FD reported on Monday citing a letter the VEB sent the company.
Philips confirmed it had received a letter from the VEB on Sunday night, providing no details of its content.
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