Paul Gary Liebman (Paul Liebman) – Financial Advisor/Broker Paul Liebman Suspended from the Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses
Paul Gary Liebman (Paul Liebman) CRD #2205116
Paul Liebman was a previously licensed financial advisor/broker with Wells Fargo Advisors Financial Network, LLC. FINRA reports that Paul Liebman was suspended from the securities industry indefinitely, or until all required payments were made or discharged, in February 2020. According to FINRA, Paul Liebman was also fined $5,000 and suspended from the securities industry for two months in May 2020.
According to FINRA Allegations:
Concerning Paul Liebman’s suspension in February 2020, Paul Liebman failed to comply with an arbitration award, settlement agreement, or to satisfactorily respond to a FINRA request to provide information concerning that status of compliance.
Concerning Paul Liebman’s suspension in May 2020, Paul Liebman consented to the sanctions and to the entry of findings that Paul Liebman borrowed approximately $16,000 from a customer of Paul Liebman’s Member Firm without notifying his Firm about the loan or receiving approval for the loan. The findings indicated that Paul Liebman falsely stated on a firm compliance questionnaire that he had not engaged in any lending or borrowing arrangement with any firm customer.
According to Paul Liebman’s BrokerCheck Report, Paul Liebman was discharged from Wells Fargo Clearing Services, LLC in January 2019 from allegedly borrowing money from a customer.
According to Paul Liebman’s BrokerCheck, Paul Liebman was also involved in a customer dispute in November 2018. The client alleged Paul Liebman borrowed funds and still owes him $16,000. This customer dispute settled for $8,673.97.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Paul Liebman and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Paul Liebman’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Paul Liebman and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
Some of the information in this blog post was obtained on 5/28/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.
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