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Ex-Evercore Director Who Insider Traded On Baby Mama's Behalf Reports To Prison

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Frank Perkins Hixon Jr, who violated securities laws in the name of love (or something), has begun his sentence.

Former Evercore Partners Senior Managing Director Frank Perkins Hixon Jr. will serve his 30- month sentence at the US penitentiary, Canaan, located in northeastern Pennsylvania, 20 miles east of Scranton and 134 miles north of Philadelphia. The camp of 133 inmates is next to a high-security prison. Hixon, 55, pled guilty in April to using illegal inside information from 2010 to 2013 to trade shares through accounts of Destiny Robinson, his 36-year-old former girlfriend, and his father, Frank Sr. They pocketed nearly $1 million in illicit profits.

Disgraced trader Hixon off to the slammer [NYP]


Women Who Insider Traded On Shared Boyfriend's Behalf Somehow Found Not Guilty

Jessica Mang, who traded material non-public information based on tips obtained by her Mizuho investment banker boyfriend, Thomas Ammann, because he promised to take her on vacation afterward and also because she thought his entrusting her with such a high level task was a sign he wanted to get serious, was cleared by a jury today, as was Christina Weckwerth, Thomas Ammann's other girlfriend/execution trader.