SEC won't file insider-trading charges against David Sokol, lawyer says

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Posted: Thursday, January 3, 2013 12:00 am

The Securities and Exchange Commission has decided not to file insider-trading charges against David L. Sokol, a one-time top lieutenant at Omaha-based Berkshire Hathaway, Sokol's lawyer said Thursday.

Sokol came under scrutiny in 2011 after abruptly resigning as chairman of Berkshire's MidAmerican Energy Holdings, one of the many holdings of the investment conglomerate run by the billionaire Warren Buffett.

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