David Sokol News

Lawsuit Against Berkshire Hathaway Over Sokol Trades Dismissed

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 …

Leading Candidate to Succeed Berkshire’s Buffett Quits

The man widely seen as the leading successor to Warren Buffett at Berkshire Hathaway has resigned after buying shares in chemical company Lubrizol Corp. before pushing Buffett to acquire it. David Sokol’s resignation is a reputational blow for Buffett, the …