Investigation and pending class action against Philips Electronics alleging that a number of Philips brand-name picture tube television sets are defective. The class action complaint alleges that the defect causes the televisions to suddenly lose power or fail entirely to power up.
Defendant Details
Name (Stock Symbol)
Brief Description
Philips Electronics (PHG)
Philips ELectronics is also known as Koninklijke Philips Electronics N.V engages in the healthcare, consumer lifestyle, and lighting product businesses worldwide.
Philips Electronics North America Corp.
Philips Electronics North America Corp., a subsidiary of Philips, markets, brands, distributes and sells Philips products in North America.