KEY POINTS
- Tyler Loudon, 41, pleaded guilty to insider trading charges, claiming that he profited $1.76 million based on nonpublic knowledge of BP’s acquisition of TravelCenters of America.
- Loudon, the husband of a former BP merger and acquisitions manager, learned of the acquisition in 2022 after secretly eavesdropping on his wife’s work calls.
- Loudon has been ordered to surrender his $1.76 million of illegal profits and pay a separate fine of the same amount.
Sucks that she did the right thing and self-reported the situation to her supervisor after finding out about it from her husband and was still fired.
HR exists to protect the business, not the employee
Agreed. Might as well deny, deny, deny.
She could’ve done literally nothing and nobody would’ve cared. This happens everyday all over the world.