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Wesco Financial Corporation Investor Files Lawsuit Against Buyout

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Lawsuit Overview

An investor of Wesco Financial Corporation (, AMEX:WSC) filed a lawsuit in State Court against members of the board of directors of Wesco Finanical alleging breaches of fiduciary duty arising out of the attempt to sell Wesco Financial too cheaply to Warren Buffet's Berkshire Hathaway. According to the complaint the plaintiff alleges that the defendants breached their fiduciary duty i...



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