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Browse: Home / 2012 / March / 20 / Lawsuit against Berkshire over Sokol affair dismissed

Lawsuit against Berkshire over Sokol affair dismissed

By Securities Docket on March 20, 2012, 12:02 pm

Berkshire Hathaway won dismissal on Monday of a shareholder lawsuit that stemmed from allegations former executive David Sokol profited by violating the company’s insider trading policy. Shareholders sued the conglomerate’s board for refusing to take legal action against Sokol, a former heir apparent at Berkshire.

via Lawsuit against Berkshire over Sokol affair dismissed – International Business Times.

Posted in Class Actions, Top | Tagged Derivative Actions, Insider Trading

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