Frank Perkins Hixon Jr. was sentenced Friday in federal court in Manhattan.
Authorities say Hixon was a senior executive at the Evercore Group investment banking firm when he used the brokerage accounts of an ex-girlfriend in lieu of formal child support payments.
The government says Hixon generated a $260,000 profit by trading on information he knew because he headed an Evercore team advising on a deal by a liquid storage company to sell assets.
Authorities say he used his father’s brokerage account to generate $710,000 in profits.
Evercore fired Hixon in January after investigating his trades.
MORE HBJ HEADLINES
With new dealership, Chevrolet is returning to Everett Briefs: Doc Martens store opens in Tulalip Mountlake Terrace’s 1st Security Bank to buy four branches on Olympic Peninsula Job fair to help people take next step FDA issues warning letters to powdered caffeine distributors US stocks fall sharply nearly 3 percent
Our new comment system is not supported in IE 7. Please upgrade your browser here.