The regulator reached the decision after determining that Liebes had sold stock that he didn’t own and that he lacked a license for conducting such transactions.
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The Arizona Corporation Commission has ordered Paradise Valley investment executive James Liebes to repay investors $685,000 and pay a $75,000 fine. So reports the Phoenix Business Journal.
The regulator reached the decision after determining that Liebes had sold stock that he didn’t own and that he lacked a license for conducting such transactions.