litigation
confidence high
sentiment positive
materiality 0.70
Sotera Health completes opt-in for $408M EO settlement; 99.7% of eligible claimants join
Sotera Health Co
- 879 of 882 eligible claimants opted into the January 2023 ethylene oxide settlement.
- Sterigenics waived walkaway rights and will proceed with 879 settling claimants.
- Three opt-out claimants will proceed to pretrial discovery per Circuit Court schedule.
- Court entered good-faith settlement order; funds disbursed ten days after order.
- Company will incur no additional charges beyond those recognized in Q4 2022.