DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Tyler Loudon - 3 Loudon - 3 Peter Zeidenberg - 2 Roth - 2 New York CNN — - 1 “ - 1 ” - 1 Eric Werner - 1
Top related locs:
Houston Southern District Loudon TravelCenters New York Texas Fort Worth Southern District of Texas
Top related orgs:
SEC - 3 Exchange Commission - 2 BP - 2 New - 1 New York CNN - 1 The Securities - 1 Fort - 1 Court - 1

Search resuls for: "Tyler Loudon"


3 mentions found


☆ Texas man eavesdropping on wife’s phone calls faces criminal charges — and divorce — after $1.76 million insider trading plot
  + stars: | 2024-02-26 | by ( Krystal Hur | ) edition.cnn.com   time to read: +2 min
New York CNN —A Texas man is facing insider trading charges and jail time after he used information gleaned from eavesdropping on his wife’s work-from-home calls, netting him $1.76 million from an upcoming oil industry acquisition. Loudon purchased 46,450 shares of TravelCenters stock after learning of the impending merger, according to an SEC filing. When the share price popped 71% following the announcement, he sold all of his shares, raking in more than $1.76 million. The SEC’s complaint, filed in the US District Court for the Southern District of Texas, charges Loudon with violating the antifraud components of federal securities laws. She reported the trading to her supervisor and was later terminated from the company, according to the filing.
Persons: New York CNN —, Tyler Loudon, “, Loudon, ”, Eric Werner, “ Mr, Peter Zeidenberg, Roth Organizations: New, New York CNN, The Securities, Exchange Commission, SEC, Fort, Court, Southern, Southern District of, US, Office, CNN Locations: New York, Texas, Houston, Fort Worth, Southern District, Southern District of Texas
☆ BP exec's husband guilty of insider trading $1.8 million, snooped on her calls
  + stars: | 2024-02-25 | by ( Rebecca Picciotto | ) www.cnbc.com   time to read: +3 min
The SEC said that Loudon's wife acknowledged occasionally discussing the acquisition with her husband in "normal" married-couple types of conversations. But over the next few months, Loudon, without telling his wife, accumulated 46,450 shares of TravelCenters, according to the U.S. attorney's office. But in March, the Financial Industry Regulatory Authority requested from BP a list of people who were "in the know" about the TravelCenters acquisition before it happened. "Loudon's wife responded that they would." Loudon's wife reported her husband's insider trading to her BP supervisor but she was later fired from the company.
Persons: Tyler Loudon, Alamdar Hamdani, Loudon, Mr, Peter Zeidenberg, Loudon's, Roth, TravelCenters Organizations: BP, Southern District of Texas, Securities and Exchange Commission, CNBC, Authorities, TravelCenters, SEC, Roth IRA, Financial Industry, Authority Locations: Southend, United Kingdom, America, Houston, Southern District, Loudon, Rome, TravelCenters
☆ Texas man guilty of making $1.8M after eavesdropping on his wife's work calls as they worked from home
  + stars: | 2024-02-24 | by ( Alia Shoaib | ) www.businessinsider.com   time to read: +2 min
Read previewA Houston man has pleaded guilty to insider trading after he made $1.76 million in illegal profits after listening in on his wife's work calls as they worked from home. AdvertisementThe regulator said that Loudon purchased 46,450 shares of TravelCenters stock without his wife's knowledge before the deal was announced. It alleged that he "took advantage of his remote working conditions and his wife's trust to profit from information he knew was confidential." He told her he did it because he didn't want her to work long hours anymore, said the SEC complaint. The SEC noted that Loudon had not denied the allegations and had agreed to a partial judgment subject to court approval.
Persons: —, Tyler Loudon, Alamdar, Hamdani, Loudon, scrutinizing, didn't Organizations: Service, BP, Business, Securities, Exchange Commission, SEC Locations: TravelCenters, Loudon
0 next >>
Total: 3