Berskhire Ex-Executive Sokol Won’t Face SEC Action
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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.
The U.S. agency ended its investigation of Sokol, attorney Barry Levine said yesterday in a phone interview after hearing from the SEC’s division of enforcement.