NYSE:EIXElectric Utilities
Edison International Wildfire Probe Raises Questions On Valuation And Risk
Edison International, NYSE:EIX, is under criminal investigation by the Los Angeles County district attorney regarding potential liability in the deadly Eaton Fire.
The company is cooperating with authorities while also rolling out an expanded compensation program for wildfire victims and affected communities.
The Eaton Fire caused loss of life and substantial property damage, raising legal, operational, and reputational questions for the utility.
Edison International, trading at around...