The husband of a former BP manager is facing possible prison time and a divorce after admitting to profiting from stock trades he made based on information he had gleaned from his wife's calls while she had been working from home for the energy giant. Tyler Loudon, 42, pleaded guilty to securities fraud in Houston federal court and has agreed to hand over the $1.7 million in ill-gotten gains he raked in, the U.S. Attorney's Office for the Southern District of Texas announced Thursday.
‘GHOST GUN’ MAKER AGREES TO CEASE SALES TO MARYLAND RESIDENTS AS PART OF LAWSUIT SETTLEMENT According to the SEC's complaint, Loudon's wife was working as a mergers and acquisitions manager with BP when she was assigned to work on the international oil company's planned purchase of truck stop operator TravelCenters of America. Authorities said that Loudon bought 46,450 TravelCenters shares without his wife's knowledge over a 1.
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