#USA #New York #Securities Fraud #Rosen Law Firm #Edison International

Edison International Securities Fraud Lawsuit

Introduction

In recent news, the Rosen Law Firm has announced an upcoming deadline for investors of Edison International (NYSE: EIX) regarding a securities fraud lawsuit. This class action lawsuit provides a unique opportunity for those who purchased securities between February 25, 2021, and February 6, 2025, to take legal action and potentially recover damages incurred.

The Significance of the Deadline

April 21, 2025, marks a crucial cutoff for investors who purchased Edison securities during the specified period to take on a leading role in the lawsuit. This deadline arrives as the class action is already in motion, and it's essential for individuals wishing to serve as lead plaintiffs to submit their applications to the court by this date. Being a lead plaintiff means representing fellow class members and overseeing the progress of the case.

No Out-of-Pocket Costs

One of the noteworthy aspects of this lawsuit is the contingency fee structure. Investors can participate without upfront costs, as they will not incur out-of-pocket fees. Payments will only be applicable if the lawsuit reaches a successful outcome.

How to Participate

To join the Edison class action, affected investors can either fill out a form at Rosen Legal's website or reach out to Phillip Kim, Esq. via phone or email. The firm emphasizes the importance of choosing qualified legal counsel with a proven history in handling such cases, differentiating themselves from less experienced firms.

Background of the Lawsuit

The lawsuit claims that throughout the class period, Edison International made materially false and misleading statements regarding its business operations. It asserted that Southern California Edison Company (SCE) employed its Public Safety Power Shutoffs (PSPS) program to proactively reduce wildfire risks during severe weather. However, the lawsuit alleges that these statements were misleading, as they failed to disclose that such practices actually heightened fire risk in California and increased legal liabilities for Edison.

The Firm's Credentials

The Rosen Law Firm has established itself as a leading player in securities class action suits, boasting a successful track record. Their efforts have yielded significant settlements, including the largest settlement against a Chinese company in history. In 2019 alone, they secured over $438 million for investors, demonstrating their commitment to protecting shareholder rights. Furthermore, the firm has been recognized for its leadership and expertise in securities class actions, earning accolades from organizations like Lawdragon and ISS Securities Class Action Services.

Conclusion

For investors who purchased Edison International securities during the specified class period, the upcoming deadline offers a vital chance to recover potential losses. With the backing of the Rosen Law Firm, affected individuals are encouraged to act swiftly to ensure they don't miss this opportunity. Whether one chooses to participate as a lead plaintiff or simply remain part of the class, understanding the details and implications of the lawsuit is essential. For continuous updates and information, investors can follow the Rosen Law Firm on their social media platforms including LinkedIn and Twitter.

For further information, you may directly contact the Rosen Law Firm at:

• - Phone: 866-767-3653
• - Email: [email protected]
• - Address: 275 Madison Avenue, 40th Floor, New York, NY 10016

Note: Investing in securities carries risks, and past results do not guarantee future outcomes. Investors are advised to consult with their legal advisors before proceeding.