Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Oct. 02, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Hawaiian Electric Industries, Inc. ("Hawaiian Electric" or the "Company") (NYSE: HE) investors that a lawsuit filed on behalf of investors that purchased Hawaiian Electric securities between February 28, 2019 and August 16, 2023, both dates inclusive (the “Class Period”).
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The lawsuit alleges that throughout the defined Class Period, the Defendants provided information that was significantly incorrect and deceptive concerning the Company's operations, activities, and adherence to regulations. More specifically, the Defendants issued statements that were either untrue or misleading, or they omitted information, including: (i) the insufficiency of Hawaiian Electric's wildfire prevention and safety protocols, which were designed to address specific challenges; (ii) consequently, despite being aware of the extent of the wildfire threat to Maui, the Company's inadequate safety protocols increased the vulnerability of Maui to severe wildfires; and (iii) as a consequence, the Company's statements to the public were both materially false and misleading during all pertinent times.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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