EIX SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Edison International Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
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Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against Edison International (EIX) alleging the company made false statements about its Public Safety Power Shutoffs (PSPS) program. The lawsuit claims Edison misrepresented its wildfire mitigation strategies between February 2021 and February 2025, potentially increasing fire risk and legal exposure in California.
March 27, 2025 | 11:15 am
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The class action lawsuit alleges Edison International misrepresented its wildfire prevention strategies, which could lead to financial and reputational damages for the company.
The lawsuit directly targets Edison International, alleging securities fraud. This could result in potential financial penalties, legal costs, and negative market perception, likely causing short-term stock price pressure.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100