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Genius — OpenServe

Dutch Court Rejects Philips Recall Probe RequestBusiness — 2dA Dutch appeals court rejected shareholders’ request to investigate Philips’ handling of its 2021 recall of millions of sleep-apnea and ventilator devices, finding no adequate basis to conclude the company knew of the risks earlier or misled investors. The ruling does not resolve other recall-related proceedings or determine potential liability for problems at its Respironics unit.

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