Lawsuit Against Edison

----- Forwarded by Jeff Dasovich/NA/Enron on 03/16/2001 12:16 PM -----

=09"Daniel Douglass" <Douglass@ArterHadden.com<
=0903/16/2001 11:56 AM
=09=09=20
=09=09 To: <Barbara_Klemstine@apsc.com<, <Vicki_Sandler@apses.com<,=20
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=09=09 cc:=20
=09=09 Subject: Lawsuit Against Edison

Looks like there may have just been a shareholder's derivative action filed=
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against Edison. The following is a summary from lawsuits filed yesterday i=
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Los Angeles US District Court for the Central district of California:
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Gerald King v. Edison Int=01,l, Southern California Edison Co., John Bryson=
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Theodore Craver, Thomas Noonan, Kenneth Stewart
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"Complaint for violation of the federal securities laws. Defendants failed =
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adequately disclose material facts concerning the cash flow, liquidity and=
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financial condition of Edison and SCE, including material facts concerning=
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increased costs and known future costs for purchases of electricity,=20
"undercollections" in SCE=01,s Transition Revenue Account, adverse decision=
s of=20
the California Public Utilities Commission and the need to write off billio=
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of dollars as a result of CPUC=01,s decisions."
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Let me know if anyone would like a copy of this complaint.
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Dan