AMSTERDAM (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.
(Reporting by Bart Meijer; Editing by Tom Hogue)