An investigation on behalf of investors in Sotera Health Company (NASDAQ:SHC) shares over potential wrongdoing at Sotera Health Company was announced and NASDAQ:SHC stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 11/15/2022 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Sotera Health Company.
Investors who purchased shares of Sotera Health Company (NASDAQ: SHC) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Sotera Health officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Broadview Heights, OH based Sotera Health Company provides sterilization, and lab testing and advisory services in the United States, Canada, Europe, and internationally. Sotera Health Company reported that its annual Total Revenue rose from $818.15 million in 2020 to $931.47 million in 2021, and that its Net Loss of $38.61 million in 2020 turned to a Net Income of $116.88 million in 2021.
On September 19, 2022, news outlets reported that a jury found Sotera Health Company's Sterigenics business unit liable for a role in causing a woman's breast cancer and awarded the plaintiff $363 million. The lawsuit specifically alleged that carcinogenic emissions from a Sterigenics plant near the plaintiff's home caused her cancer.
Shares of Sotera Health Company (NASDAQ: SHC) declined from $20.41 per share on August 16, 2022, to as low as $5.88 per share on November 4, 2022.
Those who purchased shares of Sotera Health Company (NASDAQ: SHC) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.