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    • FRAUD AND MANIPULATION—N.D. Cal.: Court grants final approval of $47.75 million settlement in Hawaii wildfire class action
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    Securities Regulation Daily Wrap Up, FRAUD AND MANIPULATION—N.D. Cal.: Court grants final approval of $47.75 million settlement in Hawaii wildfire class action, (Oct 29, 2026)

    Law Firms Mentioned:Pomerantz LLP | Skadden, Arps, Slate, Meagher & Flom LLP
    Organizations Mentioned:Hawaiian Electric Industries, Inc.

    By Kristin J. Angelino, J.D.

    The court granted the same settlement amount the court preliminarily approved, but reduced the requested attorneys’ fees to 20 percent of the settlement fund, finding the billing records “questionable at best and fraudulent at worst.&#x ...

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