HE - ROBBINS GELLER RUDMAN & DOWD LLP: INVESTOR DEADLINE NEXT WEEK: Hawaiian Electric Industries Inc. Investors with Substantial Losses Have Opportunity to Lead Case - HE | Benzinga
SAN DIEGO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Hawaiian Electric Industries, Inc. (NYSE:HE) securities between February 28, 2019 and August 16, 2023, all dates inclusive (the "Class Period"), have until October 23, 2023 to seek appointment as lead plaintiff of the Hawaiian Electric class action lawsuit. Captioned Bhangal v. Hawaiian Electric Industries, Inc., No. 23-cv-04332 (N.D. Cal.), the Hawaiian Electric class action lawsuit charges Hawaiian Electric as well as certain of its top current and former executive officers with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Hawaiian Electric class action lawsuit, please provide your information here:
https://www.rgrdlaw.com/cases-hawaiian-electric-industries-inc-class-action-lawsuit-he.html
You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at jsanchez@rgrdlaw.com.
CASE ALLEGATIONS: In early August 2023, a series of severe wildfires broke out in Hawaii, predominantly on the island of Maui. The most destructive fire began in West Maui near the town of Lahaina on the morning of August 8, 2023. By that afternoon, intense winds had knocked down approximately 30 utility poles throughout Maui, resulting in at least 15 separate outages impacting more than 12,400 customers. Moreover, the Hawaiian Electric class action lawsuit alleges that videos captured by local residents showed that downed power lines belonging to Hawaiian Electric appeared to have ignited at least several of the fires. Ultimately, the wind-driven fires prompted evacuations, caused widespread damage, and have killed at least 114 people, with some 850 others ...