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: Lawsuit Details - The class action represents investors who purchased securities between February 25, 2021, and February 6, 2025, with a deadline for filing a lead plaintiff motion set for April 21, 2025 [1]. - The lawsuit claims that Edison misrepresented the effectiveness of its wildfire risk mitigation strategies, leading to investor damages when the truth was revealed [3]. Group 2: Legal Representation - Investors are encouraged to contact the Portnoy Law Firm for a complimentary case evaluation and to discuss their legal rights regarding the lawsuit [2]. - The Portnoy Law Firm has a history of recovering over $5.5 billion for investors affected by corporate wrongdoing [4].

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 law 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][6]. - The complaint alleges that Edison and its executives violated federal securities laws by making false statements regarding the safety of its power lines and the effectiveness of its wildfire mitigation strategies [4]. Group 2: Impact on Share Prices - 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 share price fell by $1.28, or about 2.4% [5]. Group 3: Company Background - Faruqi & Faruqi, LLP is a national securities law firm with a history of recovering hundreds of millions of dollars for investors since its establishment in 1995 [3].