Hawaiian Electric Shareholder Alert: Should Management be Held Accountable for Shareholder Losses? Contact Johnson Fistel

San Diego, California--(Newsfile Corp. - August 14, 2023) - Shareholder rights law firm Johnson Fistel, LLP (www.JohnsonFistel.com) is investigating potential claims on behalf of Hawaiian Electric Industries, Inc. ("HEI" or the "Company") (NYSE: HE), against certain of its officers and directors.

If you are a current, shareholder of HEI stock you may have standing to hold HEI harmless from the alleged harm caused by the Company's officers and directors by making them personally responsible. You may also be able to assist in reforming the Company's corporate governance to prevent future wrongdoing.

If you own HEI shares, you can click or copy and paste the link below in a browser to join this action:

https://www.johnsonfistel.com/investigations/hawaiian-electric-industries-inc

Or for more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471

There is no cost or obligation to you.

What is Johnson Fistel investigating? Recently, a class-action lawsuit was filed against HEI, alleging that the utility's downed power lines significantly contributed to the deadliest U.S. wildfire in more than a century. On August 4, 2023, four days before the devastating fire that swept Maui and leveled the city of Lahaina, the National Weather Service (NWS) warned Hawaii could experience "indirect impacts" from Hurricane Dora, including "strong and gusty trade wins" and "dry weather & high fire danger." The NWS issued a Red Flag Warning for portions of the Hawaiian Islands, including West Maui. The lawsuit alleges, "this destruction could have been avoided if Defendants had heeded the National Weather Service warnings and deenergized their power lines during the predicted high-wind event".

If you own HEI shares and are interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
Investor Relations
jimb@johnsonfistel.com

Frank Johnson, 619-309-4405
fjohnson@johnsonfistel.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/177144