Former Evercore Group investment banker Frank Perkins Hixon Jr., who pleaded guilty to insider trading charges, on Monday requested a prison sentence of less than four years for his crimes, Bloomberg News reports.
Hixon had served as a managing director at Evercore until January He was arrested on Feb. 21 for making inside trades on Evercore between October 2011 and January 2013. On April 2, Hixon pleaded guilty to five counts of securities fraud, as well as one count of making false statements to federal agents.
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