Imagine a big company, Edison International, that provides electricity. They promised to shut off power lines during dangerous weather to prevent wildfires. But a big fire still happened, and now people who own parts of the company (shareholders) are suing! They say Edison lied about keeping people safe.
- A huge fire, the Eaton fire, burned many homes and killed people.
- Shareholders believe Edison didn't shut off power lines like they said they would.
- Edison's share price (the value of the company's pieces) dropped a lot – 34%!
| Fact | Number |
|---|---|
| Acres burned in the Eaton fire | 14,000+ |
| Structures destroyed | 9,400+ |
| People killed | 17 |
| Edison's share price drop since the fire | 34% |
