Hawaiian Electric Industries, Inc. Class Action Lawsuit - HE

Company
Hawaiian Electric Industries, Inc. (NYSE: HE)
Lead Plaintiff Deadline
October 23, 2023 (Expired)
Class Period
February 28, 2019 - August 16, 2023

Expired

Lead Plaintiff Deadline

Oct 23, 2023

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Allegations

The filed complaint alleges that Hawaiian Electric Industries, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Hawaiian Electric’s wildfire prevention and safety protocols and procedures were inadequate to meet the challenges for which they were ostensibly designed; (ii) accordingly, despite knowing the degree of risk that wildfires posed to Maui, the Company’s inadequate safety protocols and procedures placed Maui at a heightened risk of devastating wildfires; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Eligibility

In order to be eligible to join the HE class action lawsuit, you must have incurred a loss on shares of Hawaiian Electric purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Hawaiian Electric during the relevant time frame or pursuant to the relevant offering(s), you have until October 23, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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