Overview

• Warren Buffett's Berkshire Hathaway company has accused the Haslam family of bribing executives at the Pilot truck stop chain to inflate the company's profits.
• The Haslam family, which includes Cleveland Browns owner Jimmy Haslam and former Tennessee governor Bill Haslam, has refuted these allegations, calling them a 'wild invention'.
• The dispute is set to be resolved at a January trial, which will also determine the price Berkshire Hathaway might have to pay for the Haslams' remaining 20% stake in Pilot.
• Berkshire Hathaway is seeking to prevent the Haslams from selling the rest of the company to them next year, citing doubts about the accuracy of Pilot's 2023 earnings.
• The Haslam family has accused Berkshire Hathaway of trying to understate Pilot’s earnings this year by changing its accounting practices.