ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Edison International Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - EIX
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Rosen Law Firm is pursuing a securities class action against Edison International (EIX) for allegedly making false statements about its Public Safety Power Shutoffs (PSPS) program during the period of February 25, 2021 to February 6, 2025. The lawsuit claims Edison misrepresented its wildfire mitigation strategies, potentially increasing fire risk and legal exposure in California.
March 27, 2025 | 1:15 am
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The securities class action lawsuit alleges Edison made false claims about its wildfire prevention program, which could impact investor confidence and potentially lead to financial damages.
The lawsuit directly targets Edison International, alleging material misrepresentations about its Public Safety Power Shutoffs program. This could lead to potential financial penalties, reputational damage, and investor uncertainty.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100