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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: kmb123   😊 😞
Number: of 12641 
Subject: Pilot owners suing BRK
Date: 10/27/2023 9:27 AM
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No. of Recommendations: 4
https://finance.yahoo.com/news/buffetts-berkshire-...

According to a complaint made public on Thursday in Delaware Chancery Court, Berkshire has unilaterally and without consent adopted "pushdown" accounting rules that artificially reduce Pilot's earnings before interest and taxes, and "grossly" reduce how much the Haslams would receive if they sold their remaining stake.
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