Hawaiian Electric Faces Multiple Lawsuits Alleging Negligence Over Maui Fires; Hawaiian Electric To Explore Options To Address Financial And Legal Challenges From Maui Fires, Sources Say
Portfolio Pulse from Benzinga Newsdesk
Hawaiian Electric (HE) is facing multiple lawsuits alleging negligence over Maui fires. The company is exploring options to address the financial and legal challenges arising from these fires, according to sources.
August 16, 2023 | 7:42 pm
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Hawaiian Electric is facing legal challenges due to alleged negligence over Maui fires. This could potentially impact the company's financial stability and stock price.
The lawsuits against Hawaiian Electric could lead to significant financial liabilities for the company. This, coupled with the potential reputational damage, could negatively impact the company's stock price in the short term.
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IMPORTANCE 80
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