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Berkshire Hathaway Faces Class Action Amid $1B Wildfire Ruling

4/11/2026

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Story summary
  • Berkshire Hathaway faces a proposed class action over real estate commissions after a prior $250 million settlement.
  • A federal judge ruled Berkshire Hathaway is not covered by the earlier settlement.
  • An Oregon Court of Appeals ruling may reduce PacifiCorp's wildfire liabilities by more than $1 billion after errors in 2023 jury instructions.
  • Berkshire's May 2 annual meeting will feature CEO Greg Abel, with Warren Buffett not participating in the Q&A.