Southern California Edison (SCE) is facing a wave of lawsuits as investigations continue into the recent deadly wildfires in Los Angeles, including the Eaton Fire, which destroyed over 7,000 homes. Various parties, including residents of Altadena, are accusing the utility company of negligence, alleging that faulty equipment and downed power lines may have sparked the fires. As the situation unfolds, SCE has reported no electrical anomalies prior to the Eaton blaze, but shares have dropped significantly due to the ongoing investigations. The lawsuits claim that SCE prioritized profits over safety, raising concerns about utility infrastructure in the face of devastating natural disasters. Meanwhile, SCE has committed $1 million to support wildfire relief efforts amidst growing scrutiny and potential financial fallout.