ROSEN, THE FIRST FILING FIRM, 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 has initiated a securities class action lawsuit against Edison International (EIX) alleging false statements about its Public Safety Power Shutoffs (PSPS) program. The lawsuit claims the company misrepresented its approach to mitigating wildfire risks, potentially exposing investors to damages during the period of February 25, 2021 to February 6, 2025.
April 02, 2025 | 6:15 pm
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The securities class action alleges Edison International misrepresented its wildfire mitigation strategies, which could impact investor confidence and potentially lead to financial damages.
The lawsuit directly targets Edison International, alleging material misstatements 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