Berkshire and Buffett sued over Sokol's trades
Warren Buffett, former top lieutenant David Sokol, and the rest of Berkshire Hathaway Inc's
Sokol had been a leading contender to succeed Buffett as Berkshire's chief executive until he resigned last month after revealing he bought shares of Lubrizol Corp
The lawsuit, filed in Delaware's Chancery Court by Berkshire shareholder Mason Kirby, calls for disgorgement of Sokol's unlawful investment gains, and seeks to recover damage done to the company's reputation and goodwill.
Sokol had chaired Berkshire's MidAmerican Energy unit and oversaw its NetJets Inc operations.
Buffett's assistant, Carrie Kizer, who fields Berkshire press inquiries, was not immediately available to comment.
The case is Kirby v. Sokol et al, Delaware Chancery Court, No. 6392.
(Reporting by Tom Hals; additional reporting by Ben Berkowitz in New York, editing by Matthew Lewis)
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