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Maui County filed a lawsuit Thursday against Hawaiian Electric Company and its subsidiaries, alleging that the utility company’s negligence caused the devastating wildfires that burned thousands ...
The risks were outlined in Hawaiian Electric news releases, documents it filed to the state, and in its own expenditure plans, and the lawsuit alleges that the firm’s downed lines and grid ...
S&P Global downgraded Hawaiian Electric and all of its subsidiaries to BB-, after a class action lawsuit alleged that strong winds knocked over the electric company’s energized power lines ...
In the weeks since the fires — which killed at least 115 people and left an unknown number of others missing — broke out, Hawaiian Electric Industries Inc.'s market capitalization has fallen ...
Oct. 1—The suit, one of at least 30 lodged against Hawaiian Electric over the disaster, was filed Wednesday in Maui Circuit Court by Ke 'eau moku Kapu and U 'ilani Kapu, a Lahaina couple who ...
Shares of embattled utility Hawaiian Electric (NYSE: HE) fell 35.2% in August, according to data from S&P Global Market Intelligence.. The electric utility was hit late last year by the tragic ...
Hawaiian Electric’s stock tumbled to a 13-year low Monday morning, plummeting nearly 40% after a class action lawsuit filed over the weekend alleged that Maui’s devastating wildfires were ...
The company, whose utilities provide electricity for 95% of the islands, is accused of bearing responsibility for the deadly Maui fires.