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Stock impact report

Judge orders railway to pay Washington tribe nearly $400 million for trespassing with oil trains [Financial Post (Toronto, Ontario, Canada)]

Berkshire Hathaway Inc. New (BRK.B) 
Last berkshire hathaway inc. new earnings: 11/2 07:00 am Check Earnings Report
US:NYSE Investor Relations: berkshirehathaway.com
Company Research Source: Financial Post
SEATTLE (AP) — BNSF Railway must pay nearly $400 million to a Native American tribe in Washington state, a federal judge ordered Monday after finding that the company intentionally trespassed when it repeatedly ran 100-car trains carrying crude oil across the tribe's reservation. U.S. District Judge Robert Lasnik initially ruled last year that the railway deliberately violated the terms of a 1991 easement with the Swinomish Tribe north of Seattle that allows trains to carry no more than 25 cars per day. The judge held a trial earlier this month to determine how much in profits BNSF made through trespassing from 2012 to 2021 and how much it should be required to disgorge. Article content The company based in Fort Worth, Texas, said in an email it had no comment on the judgment. The tribe, which has about 1,400 members, did not immediately respond to an email seeking comment. The tribe sued in 2015 after BNSF dramatically increased, without the tribe's consent, the number of ca Show less Read more
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