FBI Charges Former Evercore Dealmaker With Insider Trading

Mani

Published onFebruary 24, 2014

Updated on May 13, 2021

FBI agents arrested a former senior Evercore Partners Inc. (NYSE:EVR) for allegedly trading on information about confidential mergers and earnings last Friday.

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Frank Perkins Hixon, Jr., who was an Evercore managing director until January, was arrested on charges of earning nearly $950,000 by leveraging material non-public information.

Traded in Titanium Metals and Westway Group

According to the FBI, during October 2012, Frank Perkins Hixon, Jr. attended Titanium Metal’s pitch meeting by teleconference from London wherein he learned about an acquisition of Titanium by Precision...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

FBI Charges Former Evercore Dealmaker With Insider Trading

Traded in Titanium Metals and Westway Group

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