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Securities

Sep. 18, 2025

Investors say Edison hid lapses in wildfire safety measures

Investors accuse Edison International of misleading them about wildfire safety measures, linking stock losses to alleged failures in power shutoff protocols and system upgrades after California wildfires.

Edison International shareholders who say they suffered major financial losses argued the electric company can't avoid federal fraud claims that its executives hid critical details about wildfire safety measures.

An institutional investor leading the proposed class vigorously opposed Edison's bid to dismiss the action Tuesday, rejecting the company's claim that it fully disclosed wildfire risk and that "bad news, plus a stock drop" doesn't amount to secur...

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