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Discuss the possible adverse consequences Sokol faced following the joint announcement by Berkshire and Lubrizol on 14 March and prior to his resignation. Did his

  1. Discuss the possible adverse consequences Sokol faced following the joint announcement by Berkshire and Lubrizol on 14 March and prior to his resignation. Did his resignation reduce the risks and associated costs? Evaluate the cost/benefit of Sokol's actions in the Lubrizol matter.
  2. Evaluate Sokol's conduct regarding Lubrizol, and determine which, if any, of the CFA Institute Standards of Professional Conduct are applicable to the conduct. For each applicable Standard, determine whether Sokol's conduct complied with or violated the Standard
  3. Recommend a course of action for Mikkel Orut, CFA.

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