Edison International(EIX)
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EIX Deadline: EIX Investors with Losses in Excess of $100K Have Opportunity to Lead Edison International Securities Fraud Lawsuit Filed by the Rosen Law Firm
Prnewswire· 2025-04-19 22:06
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Edison International securities between February 25, 2021, and February 6, 2025, about the upcoming lead plaintiff deadline for a securities class action lawsuit [1] Group 1: Class Action Details - Investors who purchased Edison securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by April 21, 2025 [3] - The lawsuit alleges that defendants made materially false and misleading statements regarding Edison's Public Safety Power Shutoffs program, which increased fire risk and legal exposure [5] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4] - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise in this area [4]
Edison International: Earn Up To 6% Yield From The Top Utility Pick Until It Gets Spicy
Seeking Alpha· 2025-04-17 14:34
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...
EIX Deadline: EIX Investors Have Opportunity to Lead Edison International Securities Fraud Lawsuit Filed by the Rosen Law Firm
Prnewswire· 2025-04-14 18:34
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Edison International securities between February 25, 2021, and February 6, 2025, about the upcoming lead plaintiff deadline for a securities class action lawsuit [1] Group 1: Class Action Details - Investors who bought Edison securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must file with the Court by April 21, 2025 [3] - The lawsuit alleges that Edison made materially false and misleading statements regarding its Public Safety Power Shutoffs program, which purportedly increased fire risk and legal exposure [5] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering hundreds of millions for investors [4] - The firm has been recognized for its performance in securities class action settlements, achieving the largest settlement against a Chinese company at the time and ranking highly in the industry since 2013 [4]
EIX Investors Have the Opportunity to Lead the Edison International Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
GlobeNewswire News Room· 2025-04-13 11:34
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Edison International due to allegations of false statements and misleading information related to the company's Public Safety Power Shutoffs program and its impact on wildfire risks in California [2][4]. Group 1: Legal Investigation and Claims - The firm is encouraging investors who suffered losses exceeding $100,000 in Edison between February 25, 2021, and February 6, 2025, to discuss their legal rights [1]. - A federal securities class action has been filed against Edison, with a deadline of April 14, 2025, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that Edison and its executives violated federal securities laws by making false statements regarding the safety of their power lines and the effectiveness of their wildfire mitigation strategies [4]. Group 2: Financial Impact and Stock Performance - Following the filing of a complaint on January 13, 2025, alleging that Edison's power lines caused wildfires, Edison’s share price dropped by $7.73, approximately 11.89% [5]. - On February 6, 2025, after reports indicated that Edison's equipment may be linked to the start of a wildfire, the company's share price fell by $1.28, or about 2.4% [6]. Group 3: Whistleblower and Information Gathering - Faruqi & Faruqi is also seeking information from whistleblowers, former employees, and shareholders regarding Edison's conduct [8].
EIX vs. IBDRY: Which Stock Should Value Investors Buy Now?
ZACKS· 2025-04-08 16:40
Core Viewpoint - Edison International (EIX) is currently viewed as a superior value option compared to Iberdrola S.A. (IBDRY) based on various valuation metrics [7] Valuation Metrics - EIX has a forward P/E ratio of 9.15, while IBDRY has a forward P/E of 16.46 [5] - EIX's PEG ratio is 1.08, indicating a more favorable expected earnings growth rate compared to IBDRY's PEG ratio of 1.97 [5] - EIX has a P/B ratio of 1.29, compared to IBDRY's P/B of 1.51, suggesting EIX is more undervalued relative to its book value [6] Earnings Outlook - Both EIX and IBDRY have a Zacks Rank of 2 (Buy), indicating a positive earnings outlook supported by favorable analyst estimate revisions [3]
Is Edison International (EIX) Stock Undervalued Right Now?
ZACKS· 2025-04-08 14:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics ...
Edison International Investors: Please contact the Portnoy Law Firm to recover your losses; April 21, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-04-07 20:57
Core Viewpoint - Edison International is facing a class action lawsuit due to allegations of making false or misleading statements regarding its Public Safety Power Shutoffs program, which purportedly increased wildfire risks instead of mitigating them [3]. Group 1: Class Action Details - The class action represents investors who purchased securities between February 25, 2021, and February 6, 2025, with a deadline of April 21, 2025, to file a lead plaintiff motion [1]. - Investors are encouraged to contact the Portnoy Law Firm for a complimentary case evaluation and to discuss options for recovering losses [2]. Group 2: Allegations Against Edison - The lawsuit claims that Edison misrepresented the effectiveness of its Public Safety Power Shutoffs program, which was intended to reduce wildfire risks but allegedly increased them, leading to greater legal exposure for the company [3]. - The misleading statements about Edison's business operations and prospects resulted in significant damages to investors when the truth was revealed [3].
EIX Investors Have Opportunity to Lead Edison International Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
Prnewswire· 2025-04-03 19:55
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Edison To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $100,000 in EDISON between February 25, 2021through February 6, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, April 3, 2025 /PRNew ...
Edison International Shareholders are Reminded of the Lead Plaintiff Deadline – Contact Robbins LLP to Learn How to Lead the Class Action Against EIX
GlobeNewswire News Room· 2025-03-26 19:31
SAN DIEGO, March 26, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons or entities that purchased or otherwise acquired Edison International (NYSE: EIX) securities between February 25, 2021 and February 6, 2025. Edison is the parent company of Southern California Edison Company (SCE) and Edison Energy Group, Inc. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LL ...
EIX Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Edison International (EIX)
GlobeNewswire News Room· 2025-03-26 01:09
Core Viewpoint - A securities class action lawsuit has been filed against Edison International for allegedly making false statements regarding its Public Safety Power Shutoffs program, which purportedly increased fire risks in California and misled investors about the company's operations and prospects [1][3]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Central District of California on behalf of investors who acquired Edison securities between February 25, 2021, and February 6, 2025 [1]. - The lead plaintiff deadline for the lawsuit is April 21, 2025 [1][4]. Group 2: Allegations Against Edison - The complaint alleges that Edison falsely claimed its Public Safety Power Shutoffs program was used to mitigate wildfire risks, which actually heightened fire risks and legal exposure for the company [3]. - Defendants' statements regarding Edison's business and operations were claimed to be materially false and misleading throughout the class period [3]. Group 3: Lead Plaintiff Process - Investors may seek to be appointed as lead plaintiff representatives by the deadline or choose to remain absent class members [4]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest in the case [4]. Group 4: Firm Information - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has recovered billions for victims of corporate misconduct [5]. - The firm encourages Edison investors who have suffered losses to contact them for more information [5].