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STERIS SYSTEM 1 Processing System SS1 Class Action Lawsuit Settlement

Healthcare Providers that purchased a STERI S SYSTEM 1® processing system before January 1, 2009, and that meet certain other conditions, may be eligible for benefits under a settlement in a class action lawsuit.

A class action settlement has been reached with STERIS Corporation (“STERIS” or “Defendant”) in a class action lawsuit in United States District Court for the Northern District of Ohio in Cleveland (styled Physicians of Winter Haven LLC, d/b/a Day Surgery Center v. STERIS Corp., Class Action Case No. 1:10-cv-00264-CAB) alleging, among other things, that STERIS made changes to its SYSTEM 1 processing system (“SS1”) after its initial clearance from the U.S. Food and Drug Administration, without obtaining new clearance and, as a result, users must transition to an alternative device by August 2, 2011, according to the STERIS SYSTEM 1 Processing System SS1 class action settlement notice.

STERIS SYSTEM 1 Processing System SS1 Settlement Class Members reportedly include “any Person that (a) is (i) a Healthcare Provider and (ii) owns or owned an Eligible SS1 Device; or (b) is determined to be a Class Member under the procedures set forth in Section 10.1 of the Settlement Agreement.” Each Class Member may also reportedly be a Sub-Class A, B and/or C Member.

The benefits made available to Class Members under the STERIS SYSTEM 1 Processing System SS1 Settlement differ depending on whether class members are, or elect to become, a member of Sub-Class A,
Sub-Class B, and/or Sub-Class C, as those groups are defined in the settlement agreement, and require completion and timely submission of a Claim Form:

• Members of Sub-Class A will be eligible for a STERIS SS1E credit in the amount of $1,000.00 per Eligible SS1 Device. The  SS1E credit can be applied toward any accessories, parts or consumables for a SS1E, and are valid until December 31, 2012.

• Members of Sub-Class B will be eligible to receive, at their option, either: (a) a STERIS Product Credit in the amount of $500.00 per Eligible SS1 Device, or (b) a cash payment from STERIS of $300.00 per Eligible SS1 Device. The STERIS Product Credits can be used toward the purchase of any STERIS product other than the SS1E processor and are valid until December 31, 2012.

• Members of Sub-Class C will be eligible to receive $200 in cash per Eligible SS1 Device.

On June 7, 2011 the Court reportedly entered an Order granting final approval to the settlement agreement approving class action settlement

For more information on the STERIS SYSTEM 1 Processing System SS1 class action lawsuit settlement, visit the STERIS SYSTEM 1 Processing System SS1 class action settlement website:

www.sterilizersettlement.com

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