HE - Hawaiian Electric Industries (HE) Could be on the Hook for Securities Fraud after Devastating Wildfires – Hagens Berman | Benzinga

SAN FRANCISCO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Hawaiian Electric Industries, Inc. (NYSE:HE) equity and bond investors who suffered substantial losses to submit your losses now.

Class Period: Feb. 28, 2019 – Aug. 16, 2023
Lead Plaintiff Deadline: Oct. 23, 2023
Visit: www.hbsslaw.com/investor-fraud/HE
Contact An Attorney Now: HE@hbsslaw.com
                                                  844-916-0895

Hawaiian Electric Industries, Inc. (NYSE:HE) Securities Fraud Class Action:

The complaint alleges that, unknown to investors, (1) Hawaiian Electric's wildfire prevention and safety protocols and procedures were inadequate to meet the challenges for which they were ostensibly designed, and (2) 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.

On Aug. 12, 2023 (after historic wildfires broke out in Maui, killing dozens of people and causing billions of dollars of damage), The Washington Post reported that ...

HE) Could be on the Hook for Securities Fraud after Devastating Wildfires" – Hagens Berman>Full story available on Benzinga.com