Core Viewpoint - A class action securities lawsuit has been filed against Edison International, alleging securities fraud that adversely affected investors between February 25, 2021, and February 6, 2025 [1][2]. Group 1: Lawsuit Details - The complaint claims that Edison made false statements regarding its public safety power shutoffs program, which was purportedly used to mitigate wildfire risks during extreme weather events [2]. - It is alleged that these false claims resulted in increased fire risk in California and greater legal exposure for the company [2]. - The lawsuit asserts that the defendants' statements about Edison's business operations and prospects were materially false and misleading [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until April 14, 2025, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Class Action Filed Against Edison International (EIX) Seeking Recovery for Investors - Contact Levi & Korsinsky