Former BP exec's ex-husband gets prison for insider trading after eavesdropping on her calls [MSNBC.com]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: MSNBC.com
In this articleSam Edwards | Getty ImagesThe ex-husband of a formertwo years in federal prisoninsider tradingoil giant buying another company.The ex-husband,Tyler LoudonU.S. District Court Judge Sim Lake in HoustonLoudon's lawyer, Peter Zeidenberg, asked Lake to sentence him to one year of home confinement followed by two years of supervised release, citing, among other reasons, the need to care for Loudon's ailing mother.The prison sentence was at the bottom end of the 24-to-30-month range requested by federal prosecutors.Loudon, as part of his guilty plea to a charge ofsecurities fraudTravelCenters of AmericaThe 42-year-old Houston resident, who was an engineer for an oil and gas company, bought TravelCenters shares for about $2 million over several months beginning in December 2022.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
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BP
Earnings
- 5/8/24 - Miss
BP
Sec Filings
- 6/11/24 - Form 6-K
- 6/10/24 - Form S-8
- 6/3/24 - Form 6-K
- BP's page on the SEC website