Class Action Lawsuit Filed Against Sotera Health Company for Securities Law ViolationsClass Action Lawsuit Filed Against Sotera Health Company for Securities Law Violations Schall Law Firm has filed a lawsuit against Sotera Health Company (NASDAQ:SHC) for alleged violations of federal securities laws. Details of the Allegations: The complaint alleges that Sotera Health made false and misleading statements to the market regarding: * Its emission control systems * Its liability in litigation related to EtO emissions and their health hazards Class Period: November 20, 2020 – September 19, 2022 Affected Investors: Investors who purchased shares of Sotera Health pursuant to the initial public offering (IPO) on November 20, 2020, the secondary initial public offering (SPO) on March 18, 2021, or between November 20, 2020, and September 19, 2022. Potential Impact: Investors suffered harm when the market learned the truth about Sotera Health’s emissions and liability risks, causing a drop in the stock price. Next Steps: Investors who incurred losses are encouraged to contact Schall Law Firm by March 27, 2023. About Schall Law Firm: Schall Law Firm represents investors worldwide in securities class action lawsuits and shareholder rights litigation. Disclaimer: This press release may be considered Attorney Advertising under applicable law and ethical rules. The class has not yet been certified, and investors are not represented by counsel until certification occurs.
LOS ANGELES, CA / ACCESSWIRE / July 23, 2024 / Schall Law Firm, a national shareholder rights law firm, announces that it has filed a class action lawsuit against Sotera Health Company (“Sotera” or “the Company”) (NASDAQ:SHC) for violations of the federal securities laws.
Investors who purchased shares of the Company pursuant to and/or traceable to the Company’s initial public offering that occurred on November 20, 2020 (the “IPO”) and/or pursuant to and/or traceable to the Company’s secondary initial public offering that occurred on or about March 18, 2021 (the “SPO”, and together with the IPO, the “Offering”) and/or between November 20, 2020 and September 19, 2022, both dates inclusive (the “Class Period”), are encouraged to contact the firm before March 27, 2023.
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We also encourage you to contact Brian Schall of the law firm Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You may also reach us through the firm’s website at www.schallfirm.com, or by email at (e-mail address).
The class has not yet been certified in this case, and until certification occurs, you will not be represented by counsel. If you choose not to take action, you may remain an absent class member.
According to the complaint, the Company made false and misleading statements to the market. Sotera made misleading statements about both its emission control systems and its liability in litigation relating to its EtO emissions and the harm they caused. The Company falsely claimed to have “a proactive (environmental, health and safety) program and a culture of safety and quality.” The Company falsely claimed that it maintained adequate safeguards to control EtO emissions. In fact, the Company vehemently denied that its EtO emissions were harmful to humans and caused cancer. Despite these statements to the market, the Company and its executives were aware of the health risks of its EtO emissions. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Sotera, investors suffered harm.
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The Schall Law Firm represents investors worldwide, specializing in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under applicable law and ethical rules.
CONTACT:
The Schall law firm
Brian Schall, Esq.
www.schallfirm.com
Office: 310-301-3335
(e-mail address)
SOURCE: The Schall law firm
