BP exec's husband guilty of insider trading $1.8 million, snooped on her calls
BP(BP) CNBC·2024-02-25 21:34
A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom.The husband of a former BP merger and acquisitions manager pleaded guilty to securities fraud related to insider trading by eavesdropping on his wife's work calls while she was handling a potential acquisition of TravelCenters of America, a fuel and truck stop operator.Tyler Loudon, a Houston resident, earned $1.76 million with the illicit trades based on nonpublic knowledge of the possible acquis ...