COMPANY |
Edison International |
COURT |
United States District Court for the Central District of California |
CASE NUMBER |
2:25-cv-01383 |
JUDGE |
The Hon. Michael Walter Fitzgerald |
CLASS PERIOD |
February 25, 2021 through February 6, 2025 |
SECURITY TYPE |
Securities |
Case Background:
A class action lawsuit was filed on behalf of those who purchased or otherwise acquired Edison International (“Edison”) (NYSE: EIX) securities between February 25, 2021, and April 29, 2025, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Edison’s claim that SCE used its PSPS program to “proactively de-energize power lines to mitigate the risk of catastrophic wildfires during extreme weather events,” was false; (2) this resulted in heightened fire risk in California and heightened legal exposure to Edison; and (3) 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.
Current Status of Case:
Defendants filed the Motion to Dismiss the First Amended Complaint on July 31, 2025. The action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453 or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.