An investigation on behalf of current long term investors in Edison International (NYSE:EIX) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NYSE:EIX stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 10/28/2015 --An investigation for shareholders in shares of Edison International (NYSE:EIX) concerning potential breaches of fiduciary duties by certain directors and officers of Edison International was announced.

Investors who are current long term investors in Edison International (NYSE:EIX) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in (NYSE:EIX stocks follows a lawsuit filed recently against Edison International over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE:EIX stocks, concerns whether certain Edison International officers and directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. Court for the Southern District of California the plaintiff alleges that between July 31, 2014 and June 24, 2015 defendants made false and/or misleading statements and/or failed to disclose that Edison International's ex parte contacts with the California Public Utilities Commission decision makers were more extensive than the Company had reported to the California Public Utilities Commission, that belated disclosure of Edison's ex parte contacts with the California Public Utilities Commission personnel would jeopardize the Company's $3.3 billion dollar San Onofre Nuclear Generating Station Settlement, and that as a result of the above, Edison International's financial statements were materially false and misleading at all relevant times.

According to the Complaint, on June 22, 2015, the law firm Strumwasser & Woocher released an independent report commissioned by the California Public Utilities Commission in connection with a review of ex parte meetings between utility lobbyists or executives and the California Public Utilities Commission decision makers. The report described such ex parte meetings as "frequent, pervasive, and at least sometimes outcome-determinative," and recommended banning them altogether in rate cases.

Then, on June 24, 2015, in response to the report and earlier disclosures by Edison's largest subsidiary, Southern California Edison, the Utility Reform Network ("TURN") filed an application with the California Public Utilities Commission that charged Southern California Edison with "fraud by concealment" and urged the California Public Utilities Commission to set aside the San Onofre Nuclear Generating Station Settlement and reopen its investigation.

Then on June 24, 2015 a report was published that stated Edison International 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." Shares of Edison International (NYSE:EIX) declined on June 24, 2015, to as low as $55.18 per share.

Those who purchased NYSE:EIX shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com