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UBS Financial Services, Inc. and Andrew Burish are Ordered to Pay over $92.2 million to Customers in Claims Involving Short-Selling Tesla Stock

A FINRA Arbitration Panel ordered UBS Financial Services, Inc. and one of its financial advisors, Andrew Burish, to pay $92.2 million in damages, consisting of $24.6 million in compensatory damages and $75.3 million in punitive damages, to nine customers with brokerage accounts at UBS. According to the FINRA Award, the…

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