The catastrophic wildfires in Los Angeles County have rocked the stock of Edison International, the parent company of Southern California Edison.
The L.A.-area fires may pose the first big test of California’s wildfire fund, which was set up in 2019 to protect utilities from bankruptcy.
NEW YORK, NY / ACCESS Newswire / January 20, 2025 / WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation on behalf of shareholders of Edison International (NYSE:EIX) resulting from allegations that Edison may have issued materially misleading business information to the investing public.
Edison International (NYSE:EIX) shares closed little changed Thursday after the California Public Utilities Commission approved an update to Southern California Edison's 2025 wildfire mitigation plan.
Lawsuits filed against Southern California Edison for the devastating Eaton wildfire that destroyed thousands of structures and caused deaths.
Two lawsuits, filed on Monday in Los Angeles Superior Court, allege Edison's failure to maintain vegetation and de-energize transmission poles caused the Eaton fire in Los Angeles.
Edison International Inc. (EIX) stock fell nearly 3% in pre-market trading on Friday as wildfires continued to spread in the Los Angeles area, raising concerns about potential liability for the utility company.
Edison International — the parent company of the utility Southern California Edison — has seen its stock remain under pressure as lawsuits begin over its potential role in the fires that have ravaged parts of Southern California.
Edison International's shares underwent a notable sell-off amid escalations in the wildfires that blazed through Southern California. Edison's subsidiary Southern California Edison (SCE ...
NYSE:EIX) Edison International Is Being Investigated For Securities Law Violations And Impacted Investors Are Urged To Contact The Schall Law Firm
Edison International and other utilities are expected to trade at a wider discount to the benchmark S&P 500 utilities index than before as wildfires burning across California underscore the risks of natural disasters on their businesses,
NEW YORK CITY, NY / ACCESS Newswire / January 20, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Edison