An investigation on behalf of investors of Hawaiian Electric Industries, Inc. (NYSE:HE) in connection with the proposed takeover was announced and NYSE:HE stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 12/08/2014 --An investigation on behalf of investors, who currently hold shares of Hawaiian Electric Industries, Inc. (NYSE:HE), was announced concerning whether the takeover of Hawaiian Electric Industries, Inc. by NextEra Energy, Inc is unfair to NYSE:HE stockholders.

Investors who purchased shares of Hawaiian Electric Industries, Inc. (NYSE:HE) and currently hold any of those NYSE:HE shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Hawaiian Electric Industries, Inc. breached their fiduciary duties owed to NYSE:HE investors in connection with the proposed acquisition.

On December 3, 2014, NextEra Energy, Inc.(NYSE:NEE) and Hawaiian Electric Industries, Inc. (NYSE:HE) announced an agreement under which the companies have agreed to combine. Under the terms of the proposed transaction Hawaiian Electric Industries I shareholders will receive an estimated total value of approximately $33.50 per share.

However, the investigation concerns whether the offer is unfair to NYSE:HE stockholders. More specifically, the investigation concerns whether the Hawaiian Electric Industries Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Hawaiian Electric Industries, Inc. reported that its annual Total Revenue rose from over $2.66 billion in 2010 to over $3.23 billion in 2013 and that its Net Income increased from $115.42 million to $163.41 million.

On December 4, 2014, NYSE:HE shares closed at $32.22 per share.

Those who are current investors in Hawaiian Electric Industries, Inc. (NYSE:HE) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com