Published On: May 11, 2017

If so, the attorneys at Stoltmann Law Offices are interested in speaking with you about your losses. Jeremy Hixson, a former broker with US Bancorp Investments, allegedly made false statements concerning a fraudulent investment scheme involving KGTA Petroleum (KGTA). Hixson claimed that his girlfriend had established a company called Quest Innovations and that she had sole control over its bank accounts, when, in reality, Hixson himself had established the company, in order to get fees from KGTA. He controlled the company’s bank accounts.
In May of 2016, Hixson pleaded guilty to one count of bankruptcy fraud and two counts of making false statements before the United States District Court for the Northern District of Ohio. In August of that same year, a judgment in his criminal case was entered against him. He was sentenced to three years probation, with the first eight months on home confinement and ordered to pay restitution of $73,794.32. He also failed to conceal a $125,000 payment he received and failed to disclose an interest in a limited liability company and list investors as unsecured creditors. These are all against securities laws. He was also accused of misrepresentations, negligence, unsuitability, and failure to supervise.
According to his online report with the Financial Industry Regulatory Authority (FINRA), Hixson was registered with Merrill Lynch, UBS, First Montauk Securities, WRP Investments, Invest Financial Corp, FirstMerit Financial Services and US Bancorp in Barberton, Ohio from July 2010 until August 2014. He has two customer disputes against him and has been permanently barred from the industry.
If you lost money with Jeremy Hixson, we may be able to help you sue his former firm, US Bancorp for those losses. To find out how, please call 312-332-4200 today to speak to one of our Chicago and Barrington, Illinois-based attorneys. The call is free with no obligation. We take cases on a contingency fee basis only, which means we don’t make money unless you recover yours.


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