Berkshire Launches Employee Ethics Hotline

October 15, 2003

Fargo, N.D.-based insurer Berkshire Hathaway has launched an anonymous employee hotline service to all of its subsidiary companies in response to the Sarbanes-Oxley Act of 2002.

The Sarbanes-Oxley Act requires that public companies provide employees with a communications mechanism enabling them to remain anonymous when reporting financial irregularities.