Hawaiian Electric (HE) stock closes down almost 34% following class action lawsuit related to Maui wildfires

There was a class action lawsuit announced against Hawaiian Electric (NYSE: HE) claiming that failure to deenergize power lines during the strong winds last week exascerbated the wildfires. HE closed down 33.77%.

https://www.msn.com/en-us/money/markets/hawaiian-electric-stock-plunges-after-maui-fire-what-to-watch-next/ar-AA1fhlfO