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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Koninklijke Philips N V

Share this article Share this article NEW YORK, June 22, 2021 /PRNewswire/  Pomerantz LLP is investigating claims on behalf of investors of  Koninklijke Philips N.V. ( Philips or the Company ) (NYSE: PHG).  Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980. The investigation concerns whether Philips and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  On June 14, 2021, Philips issued a voluntary recall of certain of its Bi-Level Positive Airway Pressure (Bi-Level PAP) and Continuous Positive Airway Pressure (CPAP) devices, as well as mechanical ventilators, after finding that the sound abatement foam used in the devices can degrade and become toxic, potentially causing cancer. 

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