EIX STOCKHOLDER 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 and 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, potentially increasing fire risk and legal exposure. Investors who purchased EIX securities between February 25, 2021, and February 6, 2025, are encouraged to join the lawsuit.
March 28, 2025 | 11:15 am
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The class action lawsuit alleges Edison International misrepresented its wildfire prevention strategies, which could negatively impact investor confidence and potentially lead to financial damages.
The lawsuit directly targets Edison International, alleging securities fraud. This could lead to potential financial penalties, reputational damage, and decreased investor trust, which may negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100