SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Edison International - EIX
Jun 25, 2015, 04:28 ET
NEW YORK, June 25, 2015 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Edison International ("Edison" or the "Company") (NYSE: EIX). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 9980.
The investigation concerns whether Edison and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On June 24, 2015 a report published by Seeking Alpha website stated that Edison stock declined "in reaction to news that the Utility Reform Network consumer group is recommending the California Public Utilities Commission throw out the already-approved settlement in the San Onofre nuclear plant investigation."
On this news, shares of Edison fell $1.56 per share, to56.07, or more than 2.70%, on June 24, 2015.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
Robert S. Willoughby
SOURCE Pomerantz LLP
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