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The Times of India·Business

Judge cuts $4.78m in fees from Maui fire settlement

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Judge cuts $4.78m in fees from Maui fire settlement

A federal judge approved a 47.75 million settlement in a securities lawsuit against Hawaiian Electric Industries over wildfire preparedness disclosures. The judge cut lawyers’ fees by $4.78 million. More than 24,000 of 67,000 claims were approved for payments based on losses.

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