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Saturday, April 23, 2011

Shareholder sues Buffett over Sokol Lubrizol trade

A shareholder of Berkshire Hathaway Inc. has filed a lawsuit alleging that Warren Buffett and the company's board hurt investors by failing to act swiftly when they found out about stock trades that outgoing executive David Sokol made ahead of Berkshire's $9 billion takeover of chemical company Lubrizol.

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