Edison International(EIX) Prnewswire·2025-03-06 02:33Core 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 wildfire mitigation efforts were misleading and lacked a reasonable basis, leading to increased legal exposure for the company [3]. Group 2: Lead Plaintiff Process - Investors can seek to be appointed as lead plaintiffs by April 21, 2025, or may choose to remain absent class members, with the lead plaintiff representing the interests of all class members [4]. - The lead plaintiff typically has the largest financial interest in the case and selects counsel to represent the class [4]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [5].