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Bhangal v. Hawaiian Electric Industries, Inc. et al
Case Number:
3:23-cv-04332
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- A&O Shearman
- Faruqi & Faruqi
- Glancy Prongay
- Levi & Korsinsky
- Pomerantz LLP
- Robbins Geller
- Skadden Arps
Companies
Sectors & Industries:
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March 03, 2026
Hawaiian Electric Investors Get First OK Of $48M Wildfire Deal
Hawaiian Electric Industries Inc. and its investors have received initial approval of their nearly $48 million deal settling a California federal suit blaming it for the downturn in its stock price following a deadly 2023 fire on Maui.
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January 05, 2026
Hawaiian Electric Reaches $47.8M Investor Deal Over Wildfires
Hawaiian Electric Industries Inc. shareholders reached a nearly $48 million settlement with the company and some of its leaders in a suit blaming it for the downturn in its stock price following a deadly 2023 fire on Maui, and asked a California federal judge on Monday to grant the deal preliminary approval.
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October 16, 2024
Hawaii Utility Beats Investor Suit Over Wildfire, For Now
A California judge on Tuesday dismissed a shareholder suit filed against Hawaiian Electric Industries Inc. in the wake of a deadly fire on Maui in 2023, but will allow plaintiffs to amend their claims that the company failed to warn investors about its inadequate risk mitigation program.
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May 08, 2024
Hawaii Utility Seeks Exit From Shareholder Suit Over Maui Fire
Hawaiian Electric Industries Inc. has asked a California federal judge to toss an investor suit over a downturn in the company's stock price after a deadly fire broke out on Maui, saying it did not mislead investors about efforts to mitigate fire risk or completely outrule the risk of fire.
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December 08, 2023
Pomerantz To Lead Maui Fire Suit Against Hawaii Utility
A California federal judge has selected Pomerantz LLP as lead counsel in a suit against Hawaiian Electric over a downturn in stock price after a deadly fire broke out on Maui, finding the party with the highest amount of money purportedly at stake could represent the class.
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November 16, 2023
Hawaii Utility Investors Can't Have 3 Firms Lead Maui Fire Suit
A California federal judge has shot down a bid by three investors to be named joint lead plaintiffs and for their respective counsel to be named as lead counsel in a suit against Hawaii's largest electric utility company, saying that while the investors have claimed their request is in the best interests of the proposed class, they haven't shown how.
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August 24, 2023
Hawaii Utility Facing Shareholder Suit Over Maui Fire
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.