Assad v. Hawaiian Electric Industries, Inc.

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Case Number:

1:24-cv-00164

Court:

Hawaii

Nature of Suit:

Stockholders Suits

Multi Party Litigation:

Derivative Litigation

Judge:

MICAH W.J. SMITH

Firms

Companies

Sectors & Industries:

  1. May 29, 2026

    Hawaiian Electric Gets Final OK Of $100M Wildfire Deal

    A Hawaii federal judge has given final approval to a $100 million deal to settle a shareholder derivative suit alleging the directors and executives of Hawaiian Electric Industries Inc. failed to prepare for the deadly 2023 Maui wildfire.

  2. April 09, 2024

    Hawaiian Electric Brass Hit With Suit Over Wildfire Preparation

    A Hawaiian Electric Industries Inc. shareholder has alleged in a derivative suit that the company's executives and directors knew that it was not prepared for last year's deadly Maui wildfire, which caused reputational and financial damage to the company.