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].
Edison International Investors: Please contact the Portnoy Law Firm to recover your losses; April 21, 2025 Deadline to file Lead Plaintiff Motion