BP manager's husband pleads guilty to insider trading, listened in on wife's work calls

The husband of a former BP manager is facing possible prison time and a divorce after admitting to profiting from stock trades he made based on information he had gleaned from his wife's calls while she had been working from home for the energy giant. Tyler Loudon, 42, pleaded guilty to securities fraud in Houston federal court and has agreed to hand over the $1.7 million in ill-gotten gains he raked in, the U.S. Attorney's Office for the Southern District of Texas announced Thursday.Authorities say his wif ...