US sues Southern California Edison over Saddleridge wildfire
NegativeFinancial Markets

The U.S. government has filed a lawsuit against Southern California Edison, alleging that the utility company is responsible for the Saddleridge wildfire that caused significant damage and destruction. This legal action highlights the ongoing concerns about utility companies' accountability in wildfire incidents, especially in California, where wildfires have become increasingly frequent and devastating. The outcome of this case could set important precedents for how utilities manage their infrastructure and respond to wildfire risks.
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