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Hawaiian Electric Sued for Fraud Following Drop in Share PriceHawaiian Electric Industries Inc. was sued by investors who claim that its share price has been hit because its wildfire safety procedures were inadequate, and the company failed to disclose the weaknesses.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Maui County sues Hawaiian Electric Company for negligence over Lahaina firesMaui County sued Hawaiian Electric Company on Thursday over the fires that devastated the town of Lahaina, saying the utility negligently failed to shut off power despite exceptionally high winds and dry conditions.
Source: CBCNews - 🏆 2. / 99 Read more »
Hawaiian Electric Suspends Dividend, Draws Down Credit LinesHawaiian Electric Industries Inc. drew down on revolving credit lines and said it would suspend its quarterly dividend as it seeks to shore up cash following the deadly wildfires in Maui.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
County of Maui sues Hawaiian Electric for negligence leading to fires(Reuters) - The county of Maui, Hawaii, on Thursday sued Hawaiian Electric accusing the power company of acting negligently by failing to shut down its ...
Source: SaltWire Network - 🏆 45. / 63 Read more »
County of Maui sues Hawaiian Electric for negligence leading to fires(Reuters) - The county of Maui, Hawaii, on Thursday sued Hawaiian Electric accusing the power company of acting negligently by failing to shut down its ...
Source: SaltWire Network - 🏆 45. / 63 Read more »
S&P downgrades Hawaiian Electric to 'B-' as wildfires raise market-access worries(Reuters) -The S&P Global Ratings on Thursday downgraded Hawaiian Electric Industries and all of its rated subsidiaries to 'B-' from 'BB-', citing the ...
Source: SaltWire Network - 🏆 45. / 63 Read more »