Berkshire Hathaway Accuses Haslam Family of Bribery to Inflate Pilot

Alleged bribery scheme aimed to increase price for Haslams' remaining stake in the company, according to counter lawsuit by Berkshire Hathaway.

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.