By Gavin Steele, Staff Writer
A Texas man has been charged with insider trading after he profited more than $1.76 million by overhearing his wife’s remote calls when she was working from home. The Securities and Exchange Commission alleged that Tyler Loudon was taking advantage of his wife’s work-from-home setup to obtain non-public information and gain illegal profits. Loudon’s wife was a merger and acquisitions manager for BP, and he overheard details of an upcoming merger that caused him to purchase 46,450 shares of TravelCenters stock (Feb. 23).
An Irish court tossed out a woman’s $800,000 insurance claim after she won a charity Christmas tree-throwing competition. 36-year-old Kamila Grabska sued an insurance company after she was hit in a 2017 car accident, claiming to have debilitating pain in her back and neck which left her unable to work or play with her children for more than five years. However, a judge dismissed the case after a photograph showing Grabska hurling a 5 ft. spruce tree in 2018 came to light (Feb. 26).