litigation
confidence high
sentiment positive
materiality 0.80
Sotera Health releases $408M settlement funds for ethylene oxide claims; claims dismissed
Sotera Health Co
- On June 30, 2023, ~$408M settlement funds were released from escrow for January 2023 settlements.
- 879 eligible claimants opted in; their claims against Sterigenics and Sotera Health LLC were dismissed with prejudice on July 6.
- An immaterial fraction remains in escrow for three non-opting claimants; funds revert to Sterigenics if not opted in by Dec 31, 2023.