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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Edison International - EIX

1. Pomerantz LLP is investigating Edison International for potential securities fraud. 2. Downed equipment may have caused wildfires, impacting Edison's stock value. 3. Edison's stock dropped 11.89% following wildfire investigation news. 4. Class action suits could lead to significant financial implications for Edison. 5. Investors are encouraged to join the investigation to seek damages.

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FAQ

Why Very Bearish?

The investigation and wildfire incident directly threaten EIX's financial stability and reputation.

How important is it?

Legal investigations pose serious risks affecting investor trust and stock performance.

Why Short Term?

Immediate price drop indicates market sensitivity; similar past incidents had quick effects.

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SCEEIX
Pomerantz LLP is investigating claims on behalf of investors of Edison International ("Edison" or the "Company") (NYSE:EIX). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Edison and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.[Click here for information about joining the class action]Beginning on or around January 7, 2025, a series of wildfires caused massive damage to the Los Angeles metropolitan area. On January 12, 2025, the Los Angeles Times published an article reporting that fire officials were investigating whether downed equipment belonging to Southern California Edison, a subsidiary of Edison, had "played a role in igniting" one of the fires.On this news, Edison's stock price fell $7.73 per share, or 11.89%, to close at $57.27 per share on January 13, 2025.Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.Attorney advertising. Prior results do not guarantee similar outcomes.SOURCE: Pomerantz LLP

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