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These stock investments, which are revealed quarterly in filings with the Securities and Exchange Commission, were about one-fourth of Berkshire's total asset allocation last year, according to an analysis by Haywood Kelly, chief of securities analysis at Morningstar Inc.
"I'm hoping cases like this will send a message to corporate boardrooms and suites that they actually could go to jail for this," said Leslie Caldwell, chief of securities fraud for the United States attorney's office in San Francisco.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com