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NYSE: EIX Kessler Topaz Meltzer & Check, LLP Announces the Filing of a Securities Class Action Lawsuit Against Edison International
EIXEdison International(EIX) Prnewswire·2025-02-28 23:05

Core Viewpoint - A securities class action lawsuit has been filed against Edison International for allegedly making false statements and failing to disclose critical information regarding its Public Safety Power Shutoffs program, which purportedly increased fire risks in California [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Edison securities between February 25, 2021, and February 6, 2025, with a lead plaintiff deadline set for April 21, 2025 [1][4]. - The complaint claims that Edison's statements about its safety measures were misleading and lacked a reasonable basis, leading to increased legal exposure and fire risks [3]. Group 2: Lead Plaintiff Process - Investors can seek to be appointed as lead plaintiffs by April 21, 2025, or remain absent class members, with the lead plaintiff representing the interests of the class [4]. - The lead plaintiff is typically the investor or group of investors with the largest financial interest in the case [4]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is handling the case and has a reputation for prosecuting class actions and recovering significant amounts for victims of corporate misconduct [5].