The parent company said the agreement is subject to almost all of the plaintiffs opting in and dismissing their claims. They're also denying any liability.
Should have been a few billion.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sterigenics settles hundreds of ethylene oxide lawsuits for $408 million after jury hit company with $363 million verdict for Willowbrook cancer survivorThe company said in a statement that settling the remaining Illinois lawsuits was in the best interest of its owners. It attributed the decision to “years of biased media coverage in the greater Chicago area,” the cost of appealing a record jury verdict and the time and money needed to defend hundreds of other claims.
Source: ChicagoBreaking - 🏆 521. / 51 Read more »