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Investors' association VEB slams Philips management over apnea scandal: 'One of the biggest damages in history'

Investors' association VEB slams Philips management over apnea scandal: 'One of the biggest damages in history'

During the annual shareholders' meeting, the investors' association VEB sharply criticized Philips' management over its handling of the defective sleep apnea device scandal. Representing more than 25,000 private investors, the VEB described the fallout as one of the most significant damages in corporate history.

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