Philips to pay $62 mln to resolve charges it violated US law – ET HealthWorld

[ad_1] Washington: Dutch medical device maker Philips will pay $62 million (56 million euros) to resolve charges it violated the Foreign Corrupt Practices Act over its conduct related to sales of medical equipment to China, the US Securities and Exchange Commission said on Thursday. Philips said the settlement related to allegations of “irregularities in the … Read more