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.
Hueston Hennigan partners Douglas Dixon, in Newport Beach, and Brittani Jackson, in Los Angeles, appeared at a Tuesday hearing for Southern California Edison.
Edison International (EIX) plunged more than 14% in mid-day trading Monday, hitting its lowest level in over two years, after CEO Pedro Pizarro said the company could not “rule out” the possibility that its infrastructure played a role in sparking wildfires currently burning near Los Angeles.
Barclays (LON:BARC) analyst Nicholas Campanella revised the price target for Edison International (NYSE:EIX) shares, reducing it to $67.00 from the previous $76.00, while maintaining an Overweight rating on the company's stock.
As of late last week, investigations were under way into whether equipment owned and operated by Southern California Edison, the utility subsidiary of
the president and CEO of Edison International, told “Good Morning America” on Monday that the company cannot yet rule the possibility that its energy infrastructure played a role in sparking wildfires now raging around Los Angeles. Fire agencies are ...
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.
Southern California Edison, the electrical utility for Los Angeles, has been sued for its alleged role in starting one of the raging Los Angeles fires that have collectively killed at least 24 people and displaced tens of thousands of people from their homes.
Southern California Edison announced that its grid experienced a "short circuit" just after 10 p.m. on Tuesday night - which is when the Hurst Fire began
NEW YORK, NY / ACCESS Newswire / January 25, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Edison
The lawsuits were filed in Los Angeles Superior Court on behalf ... see those when you have a spark coming from equipment," Edison International CEO Pedro Pizarro said during a CNBC interview ...
Dozens of people are believed to have died in the Palisades and Eaton fires, which have burned down whole swaths of communities