Sotera Health Company (SHC) Shareholder Alert Robbins LLP Reminds Investors of Lead Plaintiff Deadline in Class Action Against Sotera Health Company

The Class: Robbins LLP reminds investors that a shareholder filed a class action on behalf of all investors who purchased or otherwise acquired Sotera Health Company (NASDAQ: SHC) common stock: (i) pursuant to the Company's initial public offering ("IPO") conducted on November 20, 2020; (ii) pursuant to the Company's secondary public offering ("SPO") conducted on September 18, 2021; or (iii) between November 20, 2020 and September 19, 2022. Sotera provides sterilization and lab testing and advisory services to the medical device and pharmaceutical industries.

What Now: Similarly situated shareholders may be eligible to participate in the class action against Sotera. Shareholders who want to act as lead plaintiff for the class must file their papers by March 27, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

What is this Case About: Sotera Health Company's (SHC) EtO Processing Emitted Massive Toxins and Caused Cancer in People Living in the Communities Near its Facilities

According to the complaint, the Company’s sterilization services rely on three primary technologies, one of which is Ethylene Oxide (“EtO”) processing. EtO processing emits toxic fumes, which must be filtered before being released into the air. In December 2016, the EPA reclassified EtO as a chemical known to be carcinogenic to humans and increased its estimate of EtO’s cancer potency by a multiple of thirty.

Sotera, through its Sterigenics business, conducts or has conducted EtO processing at facilities located in Illinois, California, Georgia, and New Mexico. In August 2018, the EPA reported that people living in communities near Sterigenics’ facilities in Illinois, Georgia, and New Mexico had among the highest cancer rates in the country. That same month, the U.S. Department of Health and Human Services released a report documenting the public health impacts of Sterigenics’ emissions on the area surrounding its Illinois facility and revealed the staggering and disproportionate risks of cancer in that area.