FBI Charges Former Evercore Dealmaker With Insider Trading

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FBI Charges Former Evercore Dealmaker With Insider Trading

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

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.

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