Sotera Health Company
(NASDAQ GS: SHC)
Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Sotera Health Company ("Sotera" or the "Company") on behalf of stockholders. A class action complaint has been filed against Sotera. The complaint alleges that the Company made numerous materially false and misleading representations concerning its emissions control systems and exposure to liability from lawsuits for the Company's failure to limit harmful Ethylene Oxide ("EtO") emissions. The Company represented that it had "a proactive [environmental, health and safety] program and a culture of safety and quality." In addition, the Company stated that it employed adequate and effective safeguards to control EtO emissions. Moreover, the Company and its executives denied allegations that the Company's EtO emissions from its sterilization facilities caused cancer and other severe health issues in people living in the communities near those facilities. In truth, the Company and its senior executives and controlling shareholders knew, or at a minimum, recklessly disregarded, that for years the Company failed to employ effective emissions control systems to prevent the release of excessive amounts of toxic EtO gas from its sterilization facilities. Those deficiencies exposed people living in the surrounding communities to a significantly increased risk of cancer and subjected the Company to an increased risk of liability from hundreds of EtO-related lawsuits.