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United States FINRA Orders UBS & Advisor Andrew Burish to Pay $95.3 Million in Arbitration Award to Investors for Tesla Short-Selling Recommendation Resulting in Losses, Lead Claimant is Dennis Hansen & Wife Who Lost $16.5 Million, UBS Wealth Management Advisor Andrew Burish Recommended to Short Tesla with View on the Share Being Overvalued from 2019 to 2021, UBS 40-Year Veteran Andrew Burish Leads Wealth Management Team in Madison in Wisconsin (United States) Managing $6.2 Billion Assets, UBS Intends to Appeal, UBS Ordered to Pay $92.2 Million & Andrew Burish to Pay $3.1 Million
6th March 2025 | Hong Kong
The United States FINRA (Financial Industry Regulatory Authority) arbitration tribunal has ordered UBS & advisor Andrew Burish to pay $95.3 million in arbitration award to investors for Tesla short-selling recommendation resulting in losses. The lead claimant is Dennis Hansen & his wife who lost $16.5 million. UBS Wealth Management advisor Andrew Burish had recommended to short Tesla shares with view on the share being overvalued from 2019 to 2021. UBS 40-year veteran Andrew Burish leads the Wealth Management team in Madison in Wisconsin (United States), managing $6.2 billion assets. UBS intends to appeal. UBS is ordered to pay $92.2 million & Andrew Burish to pay $3.1 million, for a total of $95.3 million.
“ United States FINRA Orders UBS & Advisor Andrew Burish to Pay $95.3 Million in Arbitration Award to Investors for Tesla Short-Selling Recommendation Resulting in Losses, Lead Claimant is Dennis Hansen & Wife Who Lost $16.5 Million, UBS Wealth Management Advisor Andrew Burish Recommended to Short Tesla with View on the Share Being Overvalued from 2019 to 2021, UBS 40-Year Veteran Andrew Burish Leads Wealth Management Team in Madison in Wisconsin (United States) Managing $6.2 Billion Assets, UBS Intends to Appeal, UBS Ordered to Pay $92.2 Million & Andrew Burish to Pay $3.1 Million “
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United States FINRA Orders UBS & Advisor Andrew Burish to Pay $95.3 Million in Arbitration Award to Investors for Tesla Short-Selling Recommendation Resulting in Losses, Lead Claimant is Dennis Hansen & Wife Who Lost $16.5 Million, UBS Wealth Management Advisor Andrew Burish Recommended to Short Tesla with View on the Share Being Overvalued from 2019 to 2021, UBS 40-Year Veteran Andrew Burish Leads Wealth Management Team in Madison in Wisconsin (United States) Managing $6.2 Billion Assets, UBS Intends to Appeal, UBS Ordered to Pay $92.2 Million & Andrew Burish to Pay $3.1 Million
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