Broker Misconduct Investigation: Daniel Snodgrass (BCG Securities)

February 2, 2024

National investment loss lawyers KlaymanToskes is investigating broker Daniel Snodgrass (CRD# 4083817) of BCG Securities, who has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following his failure to comply with an arbitration award or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

Snograss was also terminated from BCG Securities in July 2023 due to allegations of firm policy violations relating to a customer account.  According to FINRA BrokerCheck, broker Daniel Snodgrass was previously registered with BCG Securities from 2017 to 2023 in Cherry Hill, NJ. Snodgrass was also previously registered with UBS Financial Services from 2008 to 2016 in Northfield, NJ.

Investors that suffered losses with broker Daniel Snodgrass are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at lawrence@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Current Investigations About Broker Daniel Snodgrass That You Should Know as an Investor:

KlaymanToskes is a leading national investment loss law firm that represents the interests of investors throughout the world who have suffered losses due to broker misconduct, investment fraud, and securities violations. 

The articles linked below contain important information relating to KlaymanToskes’ investigations of broker Daniel Snodgrass:

If you suffered losses with broker Daniel Snodgrass, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.

The firm has helped recover over $600 million* for investors, and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.

*Exclusive of attorneys fees and costs.

Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Daniel Snodgrass. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following: 

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved

Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.

According to FINRA, brokerage firms such as BCG Securities are responsible for the supervision of all of the activities of their registered brokers and investment advisors. Investors may be entitled to a financial recovery if their brokerage firm failed to supervise the representative managing their brokerage account, and/or if their broker/advisor made unsuitable investment recommendations.

Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.

If you suffered losses with broker Daniel Snodgrass, or have concerns regarding your investment portfolio at BCG Securities, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation to discuss your recovery options.