Edison International: Schubert Jonckheer & Kolbe LLP Investigating Potential Shareholder Claims Against the Company’s Officers and Directors Arising Out of the January 2025 Los Angeles Wildfires

Schubert Jonckheer & Kolbe LLP advises Edison International investors that the firm is investigating potential legal claims against Edison’s officers and directors arising out of the January 2025 Los Angeles area wildfires.

Beginning in early January 2025, a series of wildfires severely impacted the Los Angeles area, including areas serviced by Southern California Edison (SCE), a wholly owned subsidiary of Edison. Evidence indicates that SCE’s electrical equipment may have started some of the wildfires. Multiple lawsuits have been filed against Edison and SCE by individual plaintiffs and municipalities, and Edison has stated that it is “probable” that it will incur “material losses” due to the wildfires. In addition, an investor class action has been filed against Edison in the U.S. District Court for the Central District of California, alleging that the defendants made false and misleading statements to investors regarding Edison’s safety practices. Since the wildfires began in January 2025, Edison’s stock price has plummeted, inflicting massive losses on shareholders. 

We are investigating possible negligence or wrongdoing by Edison’s officers and directors in connection with these facts and allegations.

If you own stock in Edison, you may have legal options. To learn more, please fill out the form below.