{"id":789517,"date":"2023-10-10T19:20:39","date_gmt":"2023-10-10T23:20:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-hawaiian-electric-industries-inc-hawaiian-electric-or-the-company-nyse-he-investors-of-securities-class-action-lawsuit-and-encourag-2\/"},"modified":"2023-10-10T19:20:39","modified_gmt":"2023-10-10T23:20:39","slug":"lowey-dannenberg-notifies-hawaiian-electric-industries-inc-hawaiian-electric-or-the-company-nyse-he-investors-of-securities-class-action-lawsuit-and-encourag-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-hawaiian-electric-industries-inc-hawaiian-electric-or-the-company-nyse-he-investors-of-securities-class-action-lawsuit-and-encourag-2\/","title":{"rendered":"Lowey Dannenberg Notifies Hawaiian Electric Industries, Inc. (\u201cHawaiian Electric\u201d or the \u201cCompany\u201d) (NYSE: HE) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $300,000 in Losses to Contact the Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, Oct.  10, 2023  (GLOBE NEWSWIRE) &#8212; Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Hawaiian Electric Industries, Inc. (\u201cHawaiian Electric\u201d or the \u201cCompany\u201d) (NYSE: HE) for violations of the federal securities laws on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Hawaiian Electric securities between February 28, 2019 and August 16, 2023, both dates inclusive (the \u201cClass Period\u201d).<\/p>\n<p>On August 24, 2023, a complaint was filed against the Company and certain of its officers alleging that throughout the Class Period, defendants made false and\/or misleading statements and\/or failed to disclose that: (i) Hawaiian Electric\u2019s wildfire prevention and safety protocols and procedures were inadequate to meet the challenges for which they were ostensibly designed; (ii) accordingly, despite knowing the degree of risk that wildfires posed to Maui, the Company\u2019s inadequate safety protocols and procedures placed Maui at a heightened risk of devastating wildfires; and (iii) as a result, the Company\u2019s public statements were materially false and misleading at all relevant times.<\/p>\n<p>When investors learned the truth, Hawaiian Electric\u2019s common stock declined precipitously, injuring investors.<\/p>\n<p>If you suffered a loss of more than $300,000 in Hawaiian Electric\u2019s securities, and wish to participate, or learn more, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CvMndnceZdA1x7sUhQxcy9ZsRv1xPObBSSAmQKjZ31WqfGZv7r-u-EvdooXrICLUSOap56SBLxO3NhUpvp_KZsUZ5srFGU0TpdinabwzHN6mUzdOrz58577exONQM7k2\" rel=\"nofollow noopener\" target=\"_blank\">click here<\/a>, or please contact our attorneys at (914) 733-7256 or via email to Andrea Farah (afarah@lowey.com) or Vincent R. Cappucci Jr. (vcappucci@lowey.com).<\/p>\n<p>Any investor who wishes to serve as Lead Plaintiff must act before <strong>October 23, 2023<\/strong>.<\/p>\n<p>\n        <strong>About Lowey Dannenberg<\/strong><br \/>\n        <br \/>Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has recovered billions of dollars on behalf of its clients.<\/p>\n<p>\n        <strong>Contact<\/strong>:<br \/>Lowey Dannenberg P.C.<br \/>44 South Broadway, Suite 1100<br \/>White Plains, NY 10601<br \/>Tel: (914) 733-7234<br \/>Email: investigations@lowey.com<\/p>\n<p>\n        <strong>SOURCE<\/strong>: Lowey Dannenberg P.C.<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODk0NzAxOSM1ODY2NzU1IzIxOTQ1MzQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MTcyM2U4NjEtMDdmNi00NmViLTg5MTItMGJmODU4Y2M3ZmI5LTEyMDYwODc=\/tiny\/Lowey-Dannenberg-P-C-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Oct. 10, 2023 (GLOBE NEWSWIRE) &#8212; Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Hawaiian Electric Industries, Inc. (\u201cHawaiian Electric\u201d or the \u201cCompany\u201d) (NYSE: HE) for violations of the federal securities laws on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Hawaiian Electric securities between February 28, 2019 and August 16, 2023, both dates inclusive (the \u201cClass Period\u201d). On August 24, 2023, a complaint was filed against the Company and certain of its officers alleging that throughout the Class Period, defendants made false and\/or misleading statements and\/or failed to disclose that: (i) Hawaiian &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-hawaiian-electric-industries-inc-hawaiian-electric-or-the-company-nyse-he-investors-of-securities-class-action-lawsuit-and-encourag-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Lowey Dannenberg Notifies Hawaiian Electric Industries, Inc. (\u201cHawaiian Electric\u201d or the \u201cCompany\u201d) (NYSE: HE) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $300,000 in Losses to Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-789517","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lowey Dannenberg Notifies Hawaiian Electric Industries, Inc. (\u201cHawaiian Electric\u201d or the \u201cCompany\u201d) (NYSE: HE) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $300,000 in Losses to Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-hawaiian-electric-industries-inc-hawaiian-electric-or-the-company-nyse-he-investors-of-securities-class-action-lawsuit-and-encourag-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lowey Dannenberg Notifies Hawaiian Electric Industries, Inc. (\u201cHawaiian Electric\u201d or the \u201cCompany\u201d) (NYSE: HE) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $300,000 in Losses to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Oct. 10, 2023 (GLOBE NEWSWIRE) &#8212; Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Hawaiian Electric Industries, Inc. (\u201cHawaiian Electric\u201d or the \u201cCompany\u201d) (NYSE: HE) for violations of the federal securities laws on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Hawaiian Electric securities between February 28, 2019 and August 16, 2023, both dates inclusive (the \u201cClass Period\u201d). On August 24, 2023, a complaint was filed against the Company and certain of its officers alleging that throughout the Class Period, defendants made false and\/or misleading statements and\/or failed to disclose that: (i) Hawaiian &hellip; Continue reading &quot;Lowey Dannenberg Notifies Hawaiian Electric Industries, Inc. (\u201cHawaiian Electric\u201d or the \u201cCompany\u201d) (NYSE: HE) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $300,000 in Losses to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-hawaiian-electric-industries-inc-hawaiian-electric-or-the-company-nyse-he-investors-of-securities-class-action-lawsuit-and-encourag-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-10T23:20:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODk0NzAxOSM1ODY2NzU1IzIxOTQ1MzQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lowey-dannenberg-notifies-hawaiian-electric-industries-inc-hawaiian-electric-or-the-company-nyse-he-investors-of-securities-class-action-lawsuit-and-encourag-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lowey-dannenberg-notifies-hawaiian-electric-industries-inc-hawaiian-electric-or-the-company-nyse-he-investors-of-securities-class-action-lawsuit-and-encourag-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Lowey Dannenberg Notifies Hawaiian Electric Industries, Inc. 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On August 24, 2023, a complaint was filed against the Company and certain of its officers alleging that throughout the Class Period, defendants made false and\/or misleading statements and\/or failed to disclose that: (i) Hawaiian &hellip; Continue reading \"Lowey Dannenberg Notifies Hawaiian Electric Industries, Inc. 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