Investors who money with shares of Edison International (NYSE: EIX) should contact the Shareholders Foundation in connection with Lawsuit

1. A lawsuit has been filed against Edison International for alleged securities law violations. 2. Claims include misleading statements about wildfire mitigation measures by SCE. 3. The lawsuit may raise investor concerns over EIX’s legal exposure and operations. 4. Investors who bought shares before February 2021 are urged to contact legal services. 5. Heightened risk and potential liabilities could adversely impact EIX's stock performance.

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FAQ

Why Bearish?

Legal challenges often lead to increased scrutiny and can depress stock prices. Historical context shows that companies facing lawsuits, especially regarding misleading disclosures, often see negative market reactions, such as the case of PG&E during the California wildfires.

How important is it?

This lawsuit directly involves EIX's operational claims, significantly influencing shareholder confidence and market perception.

Why Short Term?

The short-term impact could be significant as investors process the lawsuit. Early reactions to litigation can lead to immediate stock price fluctuations; a case study being Tesla's stock post-lawsuit announcements.

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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 info@shareholdersfoundation.com or call +1(858) 779 - 1554.

On February 11, 2025, an investor in NYSE: EIX shares filed a lawsuit against Edison 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
info@shareholdersfoundation.com
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.

SOURCE Shareholders Foundation, Inc.