Stuart Varney: BP exec’s husband guilty of insider trading after eavesdropping on wife’s merger deal [Video]

During his “My Take,” Monday, “Varney & Co.” host Stuart Varney discussed the story of Tyler Loudon, a Houston man who made $1.7 million from insider trading after listening in on his wife’s work-from-home calls while she was handling a potential acquisition.

STUART VARNEY: This is a story of bad judgment, insider trading, and eventually divorce.

Tyler Loudon worked from home in Houston.

BP MANAGER’S HUSBAND PLEADS GUILTY TO INSIDER TRADING, LISTENED IN ON WIFE’S WORK CALLS

His wife worked from home. Their home offices were just feet apart.

Tyler Loudon heard his wife discussing a merger between the company she worked for, BP, and a truck stop company, TravelCenters of America.

Without telling her, Tyler liquidated over $2 million worth of stock and put the money into 46,450 shares of TravelCenters of America.

In February last year, the merger was announced and TravelCenters stock went up 70%.

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Tyler made …