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Hawaii Utility Facing Shareholder Suit Over Maui Fire

By Jessica Corso (August 24, 2023, 7:24 PM EDT) -- An investor in Hawaii's largest electric utility is blaming the company for the massive downturn in its stock price after a deadly fire broke out on the island of Maui early this month, arguing in a lawsuit filed Thursday in California federal court that the utility spent years ignoring warnings that it lacked the safety protocols to address wildfires....

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