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Search resuls for: "Sim Lake"


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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
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