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EIX LAWSUIT ALERT: The Gross Law Firm Notifies Edison International Investors of a Class Action Lawsuit and Upcoming Deadline

1. Class action lawsuit notice issued against Edison International. 2. Allegations claim Edison misled on wildfire safety measures. 3. Lawsuit cites false public safety claims and increased CA fire risk. 4. Shareholders urged to register by April 14, 2025.

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Why Bearish?

The lawsuit allegations may increase legal exposure and investor uncertainty. Similar class actions have historically led to short-term price declines in affected stocks.

How important is it?

The legal allegations could negatively impact investor sentiment and stock volatility despite unchanged long-term fundamentals. The outcome remains uncertain, elevating near-term risk.

Why Short Term?

Litigation news tends to prompt immediate market reactions; long-term impacts hinge on case outcomes. Past legal issues in utility companies have caused near-term volatility.

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DUKNEEEXC
NEW YORK, Feb. 20, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Edison International (NYSE: EIX). Shareholders who purchased shares of EIX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE:https://securitiesclasslaw.com/securities/edison-international-loss-submission-form/?id=130544&from=4 CLASS PERIOD: February 25, 2021 to February 6, 2025 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Edison's claim that southern California Edison company used its public safety power shutoffs 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 the Company; 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. DEADLINE: April 14, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/edison-international-loss-submission-form/?id=130544&from=4 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of EIX during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 14, 2025. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:The Gross Law Firm15 West 38th Street, 12th floorNew York, NY, 10018Email: [email protected] Phone: (646) 453-8903 SOURCE The Gross Law Firm

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