SHAREHOLDER ALERT: Levi & Korsinsky Notifies Shareholders of Hawaiian Electric Industries, Inc.(HE) of a Class Action Lawsuit and an Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / August 28, 2023 / Levi & Korsinsky, LLP notifies investors in Hawaiian Electric Industries, Inc. ("Hawaiian Electric" or the "Company") (NYSE:HE) of a class action securities lawsuit.

The lawsuit on behalf of Hawaiian Electric investors has been commenced in the United States District Court for the Northern District of California. Affected investors purchased or otherwise acquired certain Hawaiian Electric Industries, Inc. securities between February 28, 2019 and August 16, 2023. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/hawaiian-electric-lawsuit-submission-form?prid=45100&wire=1

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

Hawaiian Electric Industries, Inc. NEWS - HE NEWS

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Hawaiian Electric's 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's inadequate safety protocols and procedures placed Maui at a heightened risk of devastating wildfires; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in Hawaiian Electric during the relevant timeframe, you have until October 23, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team without cost or obligation.

PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://zlk.com/pslra-1/hawaiian-electric-lawsuit-submission-form?prid=45100&wire=1 or call 212-363-7500 to discuss the case.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 4th Floor Suite #427
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

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