Edison investors face urgent deadline in class action lawsuit
- A securities class action lawsuit has been filed against Edison International for alleged false statements regarding wildfire risk management.
- Investors who acquired Edison securities during the specified class period may seek to be lead plaintiffs until the deadline on April 21, 2025.
- Affected investors are encouraged to act swiftly to preserve their rights in the litigation.
In the United States, Kessler Topaz Meltzer & Check, LLP has announced that a class action lawsuit has been filed against Edison International, related to securities fraud. The class period for this lawsuit covers transactions involving Edison securities from February 25, 2021, to February 6, 2025. This lawsuit alleges that Edison made false statements about its Public Safety Power Shutoffs program, misleading investors regarding its operations and their implications for wildfire risk in California. The lead plaintiff process allows affected investors to seek appointment as representatives of the class until April 21, 2025. Those who decide not to act will remain absent class members, but are still entitled to any recovery resulting from the lawsuit. Kessler Topaz Meltzer & Check encourages investors who have suffered losses to reach out for information on how to participate in the case, underscoring their commitment to protecting the rights of investors against corporate misconduct.