EIX INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Edison International Stockholders with 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.
April 08, 2025 | 11:15 am
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The class action lawsuit alleges Edison International misrepresented its wildfire prevention strategies, which could lead to potential financial and reputational damages.
The lawsuit directly targets Edison International, alleging false statements about its Public Safety Power Shutoffs program. This could result in potential financial penalties, legal costs, and damage to the company's reputation, likely causing short-term stock price pressure.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100