Buffett’s firm says former executive broke ethics policy with trades; Sokol denies wrongdoing
OMAHA, Neb. – Berkshire Hathaway said Wednesday that a former executive believed to have been in line to succeed Warren Buffett as CEO violated
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Buffett’s Berkshire Could Sue Sokol
Sokol announced his resignation from Berkshire last month, citing a desire to build his personal wealth and spend more time on philanthropic causes, but various press reports later reported that he bought nearly 100,000 shares of Lubrizol in advance of Berkshire’s formal acquisition offer, casting a dark cloud over Buffett’s firm.
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Berkshire says former exec violated company policies
Berkshire says former exec violated company policies By JOSH FUNK The Associated Press Published Apr 27, 2011 06:33PM MDT Omaha, Neb. • Berkshire Hathaway said Wednesday that a former executive believed to have been in line to succeed Warren Buffett as CEO violated the company’s insider trading and ethics policies by buying stock in a chemical company Berkshire is acquiring and failing to …
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Berkshire Hathaway Gets An “I” For Incomplete On Sokol Investigation
Plausible deniability. Warren Buffet’s “notoriously decentralized” management style makes it very easy for him to consistently claim it.
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