Press release
Deadline on October 23rd coming up in Lawsuit for Investors in shares of Hawaiian Electric Industries, Inc. (NYSE: HE)
A Deadline is coming up on October 23, 2023 in the lawsuit for certain investors in Hawaiian Electric Industries, Inc. (NYSE: HE).
Investors who purchased shares of Hawaiian Electric Industries, Inc. (NYSE: HE) have certain options and there are strict and short deadlines running. Deadline: October 23, 2023. NYSE: HE stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges on behalf of purchasers of Hawaiian Electric Industries, Inc. (NYSE: HE) common shares between February 28, 2019 and August 16, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 28, 2019 and August 16, 2023, the Defendants made false and/or misleading statements and/or failed to disclose that Hawaiian Electric's wildfire prevention and safety protocols and procedures were inadequate to meet the challenges for which they were ostensibly designed, that 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 that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Hawaiian Electric Industries, Inc. (NYSE: HE) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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