Sotera Health (SHC) said Friday its subsidiary Sterigenics U.S. agreed to pay nearly $31 million to settle 97 ethylene oxide lawsuits related to its former facility in Willowbrook, Illinois.
The lawsuits alleged that the Willowbrook facility emitted ethylene oxide gas, posing a safety hazard to the surrounding communities.
The settlement, which does not constitute an admission of liability, is subject to 100% opt-in consents from the plaintiffs, the company said. It also requires the stay of trials that were scheduled to begin in April and June.
Sterigenics said it has the right to waive the 100% participation requirement, in which case the settlement would be binding on only those plaintiffs that agree to participate.
The company previously agreed to pay $408 million to settle more than 870 lawsuits tied to the facility.
Price: 10.29, Change: -0.44, Percent Change: -4.10
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。