HE - HAGENS BERMAN NATIONAL TRIAL ATTORNEYS Encourages Hawaiian Electric Industries (HE) Equity and Bond Investors with Substantial Losses to Contact Firm's Attorneys Securities Fraud Class Action Pending | Benzinga
SAN FRANCISCO, Oct. 02, 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 "[b]efore the Maui wildfires, Hawaiian Electric did not have a plan – adopted widely ...
HE) Equity and Bond Investors with Substantial Losses to Contact Firm's Attorneys, Securities Fraud Class Action Pending>Full story available on Benzinga.com