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Zamansky LLC Investigates UBS Financial Advisor Andrew Burish and The Burish Group

April 27, 2021 Active Cases & Investigations

We are investigating potential legal claims on behalf of investors who were clients of UBS financial advisor Andrew Burish and The Burish Group of Madison, Wisconsin.  Andrew Burish is a 38-year industry veteran at UBS who leads a team with14 advisors and $4 billion in client assets, according to its website.

According to recent public reports, Burish promoted short-selling shares of the electric car company Tesla, Inc. (TSLA), which allegedly caused losses of more than $23 million for an extended family of investors. These investors recently filed an arbitration claim with the Financial Industry Regulatory Authority, alleging unsuitability, breach of fiduciary duty and failure to supervise.  They reportedly claim that Burish failed to provide a “balanced view of the risk of loss” of shorting Tesla.

Under FINRA Rules, all investors are entitled to a balanced presentation of any investment recommendation made to them, according to investment fraud attorney Jake Zamansky.  This requires that stockbrokers and financial advisors disclose to their clients the downside risk in full before they invest, Zamansky says, especially when short-selling which is a risky strategy.  

Concerned About Your Investments? Contact Investment Fraud Attorney Jake Zamansky Today

If you were a client of UBS financial advisor Andrew Burish and The Burish Group, and you are concerned about trades in Tesla (TSLA) or any other risky activity or investment, you should call an investment fraud attorney at 212-742-1414 or contact us online for an evaluation.  

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“Jake Zamasky and his colleagues represented me in a FINRA arbitration case against a large multinational bank and succeeded in obtaining an award for the full amount of my investment losses. I would highly recommend the Zamansky firm for their experience in securities litigation, their level of detailed research and case preparation, and their ability to effectively fight for what’s right.”

Richard R.

“Throughout my entire case, Jake Zamansky was incredibly responsive and spent time walking me through each step of the process. He is professional and worked with my challenging schedule, even meeting with me nights and on weekends. He knew exactly which turn to take when it came to my case and yet was respectful of any decisions I wanted to make resulting in a positive outcome.”

Donald A.

“Jake Zamansky and his firm represented me in a FINRA arbitration case to recover investment losses. Jake and his team were very professional and worked very hard preparing for trial and then reaching a substantial settlement of our case. I would highly recommend them.”

William E.

“Jake Zamansky represented me in a FINRA arbitration case which allowed me to recover a substantial portion of investment losses. He is truly an expert in this space and I would highly recommend him to those investors who may have been been a victim of investment fraud.”

Chris K.

“Jake and his team did a great job communicating with me throughout the process of my lawsuit. I would recommend him to anyone looking to sue UBS for unethical practices.”

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