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.

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.

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.

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

As of late last week, investigations were under way into whether equipment owned and operated by Southern California Edison, the utility subsidiary of

The catastrophic wildfires in Los Angeles County have rocked the stock of Edison International, the parent company of Southern California Edison.

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.

Edison International (EIX) — the parent company of the utility Southern California Edison (SCE) — saw its stock drop more than 10% Monday. The decline follows an announcement from SCE Friday that it's being investigated by California fire authorities.

NEW YORK, NY / ACCESS Newswire / January 26, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Edison

Dozens of people are believed to have died in the Palisades and Eaton fires, which have burned down whole swaths of communities

Edison International Inc.’s southern California utility was hit with a lawsuit blaming the energy provider’s equipment for igniting one of the wildfires still raging in the second-largest US metropolis.