Jury finds Berkshire's PacifiCorp unit liable in 2020 Oregon wildfires

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Jury finds Berkshire's PacifiCorp unit liable in 2020 Oregon wildfires
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An Oregon jury on Monday found the utility PacifiCorp, a unit of Warren Buffett's Berkshire Hathaway, liable in a $1.6 billion class action lawsuit over four of the wildfires that devastated the state in 2020.

Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska., liable in a $1.6 billion class action lawsuit over four of the wildfires that devastated the state in 2020.

The jurors also applied their liability finding to thousands of other plaintiffs who said the fires damaged approximately 2,400 properties. PacifiCorp said it "plans to pursue appeals, and we are confident we will prevail," adding that "regardless of the outcome, a trial will never fully restore what was lost."

Victims said PacifiCorp did nothing despite knowing its equipment was damaged, and despite forecasts for severe wind with gusts that could reach hurricane strength. Witnesses reported seeing power lines start fires or send off sparks.

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