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Top related persons:
Tyler Loudon - 3 Loudon - 3 Loudon's - 2 Peter Zeidenberg - 2 Mr - 2 eavesdropped - 1 Sim Lake - 1 Lake - 1
Top related locs:
Loudon TravelCenters Houston America Southend United Kingdom Southern District Rome
Top related orgs:
BP - 3 Authority - 2 CNBC - 2 SEC - 2 U.S - 1 Industry - 1 Southern District of Texas - 1 Securities and Exchange Commission - 1

Search resuls for: "Loudon's"


4 mentions found


☆ Former BP exec's ex-husband gets prison for insider trading after eavesdropping on her calls
  + stars: | 2024-05-22 | by ( Dan Mangan | ) www.cnbc.com   time to read: +3 min
The ex-husband of a former BP mergers and acquisitions manager was sentenced to two years in federal prison for insider trading that netted him $1.76 million after he eavesdropped on her work calls about the oil giant buying another company. The ex-husband, Tyler Loudon, also was sentenced to one year of supervised release after his prison term and fined $10,000 by U.S. District Court Judge Sim Lake in Houston on Monday. The prison sentence was at the bottom end of the 24-to-30-month range requested by federal prosecutors. His purchases started after he secretly listened to his wife's work calls about BP buying TravelCenters and later discussed the deal with her in "normal" married-couple kinds of conversations, according to court records. Loudon's wife, who was not accused of wrongdoing, reported his actions to her BP supervisor, but she ended up getting fired later, court records show.
Persons: eavesdropped, Tyler Loudon, Sim Lake, Loudon's, Peter Zeidenberg, Lake, Loudon, Mr, Tyler, Zeidenberg Organizations: U.S, BP, Industry, Authority, CNBC Locations: Houston, Loudon, TravelCenters, America
☆ 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
☆ Trump was smiling and glad-handing fans at Mar-a-Lago as news of his indictment crashed around him, resort guests say
  + stars: | 2023-03-31 | by ( Joshua Zitser | ) www.businessinsider.com   time to read: +3 min
But to guests at his Mar-a-Lago resort, it was as if nothing had happened. Two told Insider Trump was smiling and in high spirits even as he railed against the move online. "It was honestly like any other night at Mar-a-Lago," Loudon said. In the photo, which she shared on Twitter on Thursday night, Trump is seen with his wife, former first lady Melania Trump, and is surrounded by onlookers. Rosa Fortina, a Mar-a-Lago member who was also at the resort last night, told Insider that it was "very nice to see Melania by his side."
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