PR Newswire
SAN DIEGO
, March 3, 2025 /PRNewswire/ — The Shareholders Foundation, Inc. announced that a lawsuit was filed for certain investors in NYSE: EIX shares
Investors who purchased shares of Edison International (NYSE: EIX) prior to February 2021 and continue to hold any of those NYSE: EIX shares also have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.
On February 11, 2025, an investor in NYSE: EIX shares filed a lawsuit against Edion International over alleged securities laws violations. The plaintiff claimed that between February 25, 2021 and February 6, 2025, the defendants made false and/or misleading statements and/or failed to disclose that Edison’s claim that Southern California Edison Company (“SCE”) used its Public Safety Power Shutoffs (“PSPS”) program to “proactively de-energize power lines to mitigate the risk of catastrophic wildfires during extreme weather events”, was false, that this resulted in heightened fire risk in California and heightened legal exposure to the Company, and that as a result, Defendants’ statements about Edison’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.
Those who purchased shares of Edison International (NYSE: EIX) should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
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SOURCE Shareholders Foundation, Inc.
