Haseko ordered to pay $20 Million in damages to Ewa Beach homeowners following failure to build mari
A Honolulu jury Haseko to pay $20 million in punitive damages to hundreds of homeowners in Ewa Beach based on the developer’s failure to build a marina for its Ocean Pointe and Hoakalei subdivisions. The jury also awarded the 1,874 plaintiffs who sued Haseko $1,300 per household (over $2.4 Million). Jurors said Haseko engaged in “unfair and deceptive practices” when it scrapped the marina idea to build a lagoon instead.
Haseko blamed permitting delays and difficulties for forcing it to change its plans, after having spent $32 Million towards a marina.