Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett, preparing the firm for his eventual departure, criticized former manager David Sokol for a stock deal while lauding the integrity of a CEO candidate.
BusinessWeek.com — Finance
David Sokol broke Berkshire Hathaway Inc.’s ethics rules by investing in a company as he pushed for its takeover, according to Chairman Warren Buffett, who said he regrets not pressing Sokol earlier for details.
BusinessWeek.com — Finance
Did the heir apparent leave Berkshire Hathaway for family reasons, or did trading improprieties involving Lubrizol have something to do with it?
BusinessWeek.com — Finance
Warren Buffett has asked for tough questions at the annual meetings of his Berkshire Hathaway Inc. He may get his wish after praising the outgoing executive who was later faulted by a board committee for misleading the company about stock trades.
BusinessWeek.com — Finance
David Sokol violated Berkshire Hathaway Inc.’s insider-trading rules and misled the company about his personal stake in Lubrizol Corp., which he recommended as a takeover target to Chairman Warren Buffett, the firm said.
BusinessWeek.com — Finance
Lubrizol Corp., which agreed last month to be bought by Berkshire Hathaway Inc., expanded its disclosure to regulators to show that David Sokol purchased stock after he was told the company’s board would be notified of the takeover interest.
BusinessWeek.com — Finance