NYSE: HE

Hawaiian Electric Industries, Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Hawaiian Electric Industries, Inc. (NYSE: HE) between February 28, 2019 and August 16, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 23, 2023.

If you purchased Hawaiian Electric securities during the Class Period and would like to join the action, please click “Join This Class Action.”

Class Period:February 28, 2019 through August 16, 2023
If you purchased Hawaiian Electric securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, defendants throughout the Class Period 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;
  • accordingly, despite knowing the degree of risk that wildfires posed to Maui, Hawaiian Electric’s inadequate safety protocols and procedures placed Maui at a heightened risk of devastating wildfires; and
  • as a result, Hawaiian Electric’s public statements were materially false and misleading at all relevant times.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Company Name: Hawaiian Electric Industries, Inc.
Stock Symbol: HE
Class Period: February 28, 2019 through August 16, 2023
Court: United States District Court Northern District of California

Why Rosen Law

The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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