SEC Obtains Final Judgment Against Ex-Investment Adviser Representative in Cherry-Picking Scheme
July 10, 2025
July 10, 2025
WASHINGTON, July 10 -- The Securities and Exchange Commission issued the following litigation release (No. 1:24-cv-09494; S.D.N.Y. filed Dec. 12, 2024) involving Eric Cobb:
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On July 2, 2025, the U.S. District Court for the Southern District of New York entered a final judgment against Eric Cobb, a former South Carolina-based investment adviser representative, who the SEC alleged engaged in a long-running fraudulent trade allocation scheme, commonly referred to as & . . .
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On July 2, 2025, the U.S. District Court for the Southern District of New York entered a final judgment against Eric Cobb, a former South Carolina-based investment adviser representative, who the SEC alleged engaged in a long-running fraudulent trade allocation scheme, commonly referred to as & . . .