BP exec's husband guilty of insider trading $1.8 million, snooped on her calls - Lemmy.World

KEY POINTS - Tyler Loudon, 41, pleaded guilty to insider trading charges, claiming that he profited $1.76 million based on nonpublic knowledge of BP’s acquisition of TravelCenters of America. - Loudon, the husband of a former BP merger and acquisitions manager, learned of the acquisition in 2022 after secretly eavesdropping on his wife’s work calls. - Loudon has been ordered to surrender his $1.76 million of illegal profits and pay a separate fine of the same amount.