Did You Invest in KGTA Petroleum with former Ohio broker JEREMY HIXSON of US BANCORP INVESTMENTS?

JEREMY SHAWN HIXSON (also known as: JEREMY HIXSON, JERRY S HIXSON, JERRY SHAWN HIXSON, JERRY HIXSON) CRD#: 2685988

Has been barred by both FINRA and the SEC from acting as a broker or investment adviser or otherwise associating with firms that sell securities or provide investment advice to the public.
According to the SEC documents, Jeremy Hixson was a registered representative and investment advisor representative of U.S. Bancorp Investments, Inc. from July 2010 through August 2014. Hixson is 45 years old, and a resident of Uniontown, Ohio.
On May 10, 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. On August 3, 2016, a judgment in the criminal case was entered against Hixson. He was sentenced to three years of probation, with the first eight months on home confinement, and ordered to pay restitution in the amount of $73,794.32.
In connection with that plea, Jeremy Hixson admitted that he concealed from the Trustee and creditors, in connection with a case under the Bankruptcy Code, a $125,000 payment he received, and also failed to disclose his interest in a limited liability company and list its investors as unsecured creditors.
Also, Hixson made false statements to the staff of the Commission in connection with an investigation concerning a fraudulent investment scheme involving KGTA Petroleum, Ltd. (KGTA). Hixson said that his girlfriend had established a company called Quest Innovations, LLC and had sole control over Quest’s bank accounts, when in reality Hixson had established Quest for the sole purpose of accepting fees from KGTA, and he controlled Quest’s bank accounts.
Additionally, according to the SEC documents, Hixson made false statements to FBI agents denying conversations with Jeffrey Gainer, a participant in the KGTA scheme.
In July of 2015, according to his FINRA BrokerCheck, following a customer dispute there was a settlement awarded to a client of $650,000.  This was due to allegations of misrepresentation, negligence, unsuitability, and failure to supervise.  This particular claimant invested in a venture between 2011-2012 alleged to be fraudulent on the advice of Hixson.
According to FINRA’s BrokerCheck, JEREMY HIXSON had 17 years of experience in the securities industry and was listed with 7 firms, the three most recent listed below:

07/20/2010 - 08/20/2014  US BANCORP INVESTMENTS, INC - BARBERTON, OH
01/14/2010 - 04/27/2010  FIRSTMERIT FINANCIAL SERVICES, INC - BARBERTON, OH
10/30/2007 - 01/14/2010  INVEST FINANCIAL CORPORATION - BARBERTON, OH

If you were a client of broker/financial advisor, JEREMY HIXSON, formerly with US BANCORP INVESTMENTS, INC of BARBERTON, OH and experienced losses due to his actions, recommendations, or lack of supervision, call Soreide Law Group and speak to a lawyer regarding the possible recovery of you financial losses at:  888-760-6552.
Soreide Law Group operates on a contingency fee basis and we represent clients nationwide before FINRA.  Let our years of experience work for you.