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Company: Philips North America LLC
Current Parent Company:
Royal Philips
Parent at the Time of the Penalty Announcement:
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Penalty: $4,200,000
Year: 2022
Date: August 30, 2022
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Violation Description: Philips North America LLC agreed to pay approximately $4.2 million to resolve allegations that it substituted key components of a mobile patient monitoring device called an MP2 that it sold to military purchasers without recertifying the MP2 for military airworthiness.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-District of Massachusetts
Civil or Criminal Case: civil
HQ Country of Current Parent: Netherlands
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
Source of Data:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.
