Overview
- Berkshire Hathaway alleges that the Haslam family attempted to bribe at least 15 executives at the Pilot truck stop chain to inflate the company's profits.
- The alleged bribery was intended to force Berkshire to pay more for the Haslams' remaining 20% stake in the company.
- The claim was made in a counter lawsuit filed by Berkshire, following accusations from the Haslam family that Berkshire was trying to understate Pilot's earnings by changing its accounting practices.
- Berkshire became the majority owner of Pilot at the start of this year, and the price it will pay for the Haslams' remaining stake is determined by a formula based on Pilot's reported earnings.
- A hearing on Berkshire's counter lawsuit is scheduled for Thursday.