Allegations of Cherry-Picking Fraud Emerge at WAMCO Involving Ken Leech and IBM

In a significant development that has raised eyebrows in the financial sector, Ken Leech, the former Chief Investment Officer at WAMCO, is under scrutiny for allegedly engaging in cherry-picking practices that benefited technology giant IBM. The accusations suggest that Leech and others at WAMCO might have manipulated investment strategies to boost returns specifically tied to IBM stocks, raising concerns about the integrity of their trading practices.

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