Yesterday, lawyers for the plaintiffs in the cases against Sterigenics held a press conference to expose what we have recently learned about the apparent attempts of Sterigenics and its corporate owners to make it more difficult for our clients who prove their cases to receive just compensation. As we detail in our newest court filing (and as summarized below), in the two years since the federal government in 2016 concluded that ethylene oxide is 30 times more potent of a carcinogen than previously believed, Sterigenics and its owners have taken $1.3 billion in cash out of the company, put it in their own pockets, and replaced it with money borrowed from banks. The effect of this is to put company cash and other assets out of reach of plaintiffs who prove that Sterigenics caused their cancers.
Rest assured: we will expose this behavior; get to the bottom of it; and hold Sterigenics accountable in court for anything they have done here that is unlawful. We will bring this behavior before the Judge and jury, and demand justice—which includes just compensation for our clients who prove their cases.
This past Friday, we filed an amended complaint adding new allegations to our lawsuits. The new allegations are as follows: