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Company: Philips Respironics
Current Parent Company:
Royal Philips
Parent at the Time of the Penalty Announcement:
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Penalty: $2,471,359
Year: 2023
Date: December 22, 2023
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Secondary Offense: kickbacks and bribery
Violation Description: Philips Respironics, a manufacturer of durable medical equipment based in Pennsylvania, paid $2,471,359 to resolve allegations that it violated the False Claims Act by giving kickbacks to sleep laboratories.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-Southern District of California
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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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.