OMAHA, Neb. (AP) — A former top Berkshire Hathaway executive who many investors expected to succeed Warren Buffett one day reportedly won’t face any charges for questionable trades he made before resigning in 2011, his lawyer said.

Attorney Barry Levine told The Wall Street Journal and The New York Times that the Securities and Exchange Commission told him the agency had wrapped up its investigation and decided against bringing charges against his client, David Sokol.