Edison International Faces Shareholder Lawsuit Over Wildfire Mismanagement
Edison International, the parent company of Southern California Edison (SCE), is facing a class-action lawsuit from shareholders who claim the company misled them about its wildfire prevention efforts. The lawsuit alleges that Edison provided false assurances regarding its de-energization strategies, which were meant to mitigate wildfire risks during extreme weather. This legal action comes in the wake of the Eaton Fire, which ignited on January 7, 2025, in Altadena, California. The fire, fueled by strong