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BP exec’s husband guilty of making $1.8 million from insider trading, snooped on her calls - TL;DR CNBC

BP exec’s husband guilty of making $1.8 million from insider trading, snooped on her calls

Publishing timestamp: 2024-02-26 08:56:42


Summary

Tyler Loudon pleaded guilty to insider trading charges, profiting $1.76 million based on nonpublic knowledge of BP's acquisition of TravelCenters of America by eavesdropping on his wife's work calls. He has been ordered to surrender his profits and pay a fine.


Sentiment: NEGATIVE

Tickers: BPBP.-GB

Keywords: bp plcelectionsbreaking news: politicsunited statesdefensebusiness newshoustonmarketsoil and gaspoliticsenergysocial securitybreaking news: marketscrime

Source: https://www.cnbc.com/2024/02/25/bp-exec-husband-guilty-of-insider-trading-snooped-on-her-calls.html


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