California utility was sued Monday on claims that its electrical equipment ignited one of the major wildfires raging in the Los Angeles area, according to court filings, likely the first of thousands of legal claims that will be tied to the fires.

Hueston Hennigan partners Douglas Dixon, in Newport Beach, and Brittani Jackson, in Los Angeles, appeared at a Tuesday hearing for Southern California Edison.

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.

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.

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

Southern California’s catastrophic fires have rocked the stock of Edison International ... more than 1,600 homes and businesses in Los Angeles and Ventura counties. At least three died in ...

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