Energy Company, Execs Win Dismissal Of Securities Suit Concerning Hawaiian Fire

( November 4, 2024, 8:50 AM EST) -- SAN FRANCISCO — Ruling in part that shareholders didn’t sufficiently allege that some challenged statements were false or misleading, a California federal judge granted dismissal with leave to amend in a putative class case over claims that an energy company in Hawaii and certain of its executives made false claims about the company’s level of preparedness for events such as the August 2023 wildfires in Maui....

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