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Stock impact report

SoCalGas Issues Statement on Southern California Edison's Eaton Litigation [Yahoo! Finance]

DBA Sempra (SRE) 
Last dba sempra earnings: 2/27 06:55 am Check Earnings Report
US:NYSE Investor Relations: sempra.com/investors
Company Research Source: Yahoo! Finance
litigation against more than a dozen defendants, including Southern California Gas Company (SoCalGas). Edison has acknowledged its role in the Eaton fire for the better part of a year now. SoCalGas intends to vigorously defend against what it considers to be Edison's attempts to deflect responsibility and accountability. SoCalGas will likewise vigorously defend how it operated its system in response to this emergency event. SoCalGas also intends to pursue recovery from Edison for damages to the SoCalGas system through all available causes of action and remedies. SoCalGas is reviewing the allegations in the cross-complaint. SoCalGas has insurance, including wildfire insurance, and intends to pursue coverage for the damages related to its system as well as coverage to defend both Edison's claims in the Eaton fire litigation and pending lawsuits brought by individual plaintiffs related to the Palisades fire. SoCalGas employees worked tirelessly during this emergency and continue to Show less Read more
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