Press release
Investigation announced for Long-Term Investors who lost money with Hawaiian Electric Industries, Inc. (NYSE: HE)
An investigation on behalf of current long term investors in Hawaiian Electric Industries, Inc. (NYSE: HE) shares.
Investors who are current long term investors in Hawaiian Electric Industries, Inc. (NYSE: HE) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: HE stocks follows a lawsuit filed against Hawaiian Electric Industries, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in Hawaiian Electric Industries, Inc. (NYSE: HE stocks, concerns whether certain Hawaiian Electric Industries, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges that, 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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