Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of Wesco Financial Corporation (“Wesco” or the “Company”) (AMEX: WSC) concerning the Company’s receipt of a proposal from Berkshire Hathaway Inc. (“Berkshire Hathway”) to acquire all of the outstanding shares of common stock of Wesco not owned by Berkshire Hathaway (the “Proposal”).

The investigation concerns whether Wesco’s board of directors is adequately shopping the Company and working to obtain the best price possible for Wesco’s shareholders.  The Proposal contemplates a cash-stock election transaction in which Berkshire Hathaway would acquire the remaining 19.9% of the shares of Wesco that it does not presently own in exchange for Berkshire Hathaway Class B shares and/or cash valued at the book value per share of Wesco as of a time reasonably contemporaneous with the closing of such a transaction.

If you own the common stock of Wesco and purchased your shares before August 25, 2010, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware, by telephone at (888) 969-4242, or by e-mail to info@rigrodskylong.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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