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EIX Investor News: Rosen Law Firm Encourages Edison International Investors to Inquire About Securities Class Action Investigation - EIX

1. Rosen Law Firm investigates EIX for potentially misleading information. 2. Allegations arise post-reports of Southern California Edision's equipment's role in fire. 3. EIX shares fell 11.89% on January 13, 2025, following these revelations. 4. Class action suit could lead to compensation for affected shareholders. 5. Rosen Law is recognized for successful securities class action litigation.

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FAQ

Why Bearish?

The ongoing investigation and recent stock drop could deter investors, similar to past class actions that negatively impacted stock prices.

How important is it?

The allegations and stock drop are significant, indicating potential investor losses and legal trouble.

Why Short Term?

Potential legal ramifications and public perception issues may affect EIX in the near future.

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NEW YORK, Jan. 21, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Edison International (NYSE: EIX) resulting from allegations that Edison may have issued materially misleading business information to the investing public. So What: If you purchased Edison securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=33590 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. What is this about: On Sunday, January 12, 2025, the Los Angeles Times published an article entitled "Officials investigating whether Southern California Edison equipment ignited Hurst fire." This article stated that "[f]ire agencies are investigating whether downed Southern California Edison utility equipment played a role in igniting the Hurst fire near Sylmar, company officials said. [. . .] The company said, 'fire agencies are investigating whether SCE equipment was involved in the ignition of' the fire, and that the investigation was ongoing. Utilities are required to report whenever a government entity launches an investigation into whether their equipment caused a wildfire." On this news, Edison International stock fell 11.89% on January 13, 2025. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq.Phillip Kim, Esq.The Rosen Law Firm, P.A.275 Madison Avenue, 40th FloorNew York, NY 10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212) 202-3827[email protected]www.rosenlegal.com SOURCE THE ROSEN LAW FIRM, P. A.

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