STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - The county of Maui, Hawaii, on Thursday sued Hawaiian Electric accusing the power company of acting negligently by failing to shut down its equipment despite warnings hurricane winds could knock power lines down, sparking wildfires.
The electric company and its subsidiary Maui Electric had a duty to manage the power lines in a safe manner and had been warned by the National Weather Service that dangerous wildfire conditions were present before they started, the county said. The"severe and catastrophic" losses from the wildfires"could have easily been prevented" if the utility had implemented a plan to shut off power, the county said.The lawsuit filed in state court asks for an unspecified amount in damages to compensate for losses sustained by the county during the fires, including property damage and the costs of fire suppression.
Shareholders claimed they suffered"significant losses and damages" due to the company's"wrongful acts and omissions, and the precipitous decline in the market value of its securities," according to the court filing.
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