A federal judge has sanctioned a settlement of $47.75 million in a securities lawsuit involving Hawaiian Electric Industries. This case focused on accusations of misleading wildfire preparedness disclosures. The judge notably slashed the legal fees demanded by the investors' attorneys.
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October 30, 2026 at 9:25 PM
Hawaiian Electric Investor Settlement: Judge okays $47.75m deal; cuts lawyers’ fees to 20%
TOI Politics
Excerpt from TOI Politics.