David Sokol News
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Greg Abel, who helped build Berkshire Hathaway Inc.’s utility business MidAmerican Energy Holdings Co., is showing that he’s earned the trust of his boss, Warren Buffett, after striking a $5.6 billion deal for NV Energy Inc.
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Warren Buffett says he’s looking to “spice things up” at the annual meeting of his Berkshire Hathaway Inc. this week as the company’s 32 percent return in the last year lulls shareholders.
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Berkshire Hathaway Inc. former manager David Sokol exercised poor judgment yet may not have broken insider-trading laws by buying stock in a company he later proposed as a takeover target to Chairman Warren Buffett , legal experts said.
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David Sokol , who resigned yesterday as a top manager at Berkshire Hathaway Inc., said he did nothing unethical when he bought stock in a company that he later proposed as a takeover target to Chairman Warren Buffett .
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David Sokol , who resigned yesterday as a top manager at Berkshire Hathaway Inc., said he did nothing unethical when he bought stock in a company that he later proposed as a takeover target to Chairman Warren Buffett .
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Warren Buffett was misled by former Berkshire Hathaway Inc. executive David Sokol about his dealings before the takeover of Lubrizol Corp., a Berkshire audit committee concluded.
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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.
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What were they thinking? How could Warren Buffett excuse David Sokol ’s trading in Lubrizol Corp. stock while Sokol was pitching the company to Berkshire Hathaway Inc. as an acquisition candidate?
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David Sokol, the executive who left Warren Buffett’s Berkshire Hathaway Inc. amid allegations he broke insider-trading rules, won’t face enforcement actions from the Securities and Exchange Commission, his lawyer said.
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David Sokol , the Berkshire Hathaway Inc. manager and dealmaker, made some of his biggest contributions to the firm after telling Chairman Warren Buffett about three years ago that he planned to reduce his role.
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