WASHINGTON, Dec. 21 -- The Securities and Exchange Commission issued the following litigation release (No. 1:24-cv-09494-PKC; S.D.N.Y. filed Dec. 12, 2024) involving Eric McKenzie Cobb: * * * The Securities and Exchange Commission today announced it charged Eric Cobb of South Carolina with engaging in a fraudulent scheme where he allocated profitable securities trades to favored accounts and unprofitable trades to disfavored clients, a practice known as cherry-picking, while he was a represent  more