Berkshire Hathaway says Sokol misled company

IndustrialsReuters

NEW YORK (Reuters) - Berkshire Hathaway on Wednesday said David Sokol misled the company in the way he disclosed his financial interest in Lubrizol Corp before pushing Berkshire CEO Warren Buffett to buy it.

Berkshire said in a statement its audit committee was still considering the possibility of legal action against Sokol as a result of his behavior and that it would cooperate with any government investigation.

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(Reporting by Ben Berkowitz. Editing by Robert MacMillan)