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[Alabama Securities Commission] James Friend Liebes, of Paradise Valley, Arizona, pleaded guilty in Tuscaloosa County Circuit Court to one count of Securities Fraud for misstating or omitting to state material facts to an Alabama investor in connection with the sale of securities. The offense is a Class B felony, punishable by not less than two, but no more than 20 years in prison, and a fine not to exceed $30,000.
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Arizona Man Sentenced for Securities Fraud in Tuscaloosa County