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Stock impact report

County prosecutors probing whether Edison should be criminally prosecuted for Eaton fire [Los Angeles Times (CA)]

Edison International (EIX) 
Last edison international earnings: 4/30 04:05 pm Check Earnings Report
US:NYSE Investor Relations: edison.com/home/investors.html
year's devastating Eaton wildfire, which killed 19 people and left thousands of families homeless, the company said Wednesday. Pedro Pizarro, chief executive of Edison International, told Wall Street analysts during an afternoon conference call that the company was cooperating with the District Attorney's office. He said he didn't know the magnitude of the investigation. The company said in its annual 10-K report, which was released Wednesday, that it “could be subject to material fines, penalties, or restitution” if the investigation “determined that it failed to comply with applicable laws and regulations.” “SCE is not aware of any basis for felony liability with regards to the Eaton Fire,” the report said. “Any fines and penalties incurred in connection with the Eaton Fire will not be recoverable from insurance, from the Wildfire Fund, or through electric rates.” The District Attorney's office declined to comment. The investigation into the fire, which destroyed a wide sw Show less Read more
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