litigation
confidence high
sentiment neutral
materiality 0.75
Sotera Health settles 79 Georgia EO claims for $35M; trial stayed pending
Sotera Health Co
- Subsidiaries Sotera Health LLC and Sterigenics U.S. LLC enter binding term sheet to settle 79 EO exposure claims.
- Settlement payment of $35 million; claims dismissed with prejudice after conditions met.
- Conditions include 100% plaintiff consent and stay of trial scheduled for Oct 23, 2023.
- Settlement expected to conclude in 45–60 days; company denies any liability or wrongdoing.