National investment loss lawyers KlaymanToskes reports broker Daniel Snodgrass (CRD# 4083817) has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”) for failing to comply with an arbitration award and to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.
Investors that suffered losses with Daniel Snodgrass may be entitled to a financial recovery. Contact attorney Lawrence L. Klayman for a free consultation at (888) 997-9956 or lawrence@klaymantoskes.com to discuss your recovery options. We do not collect attorney’s fees unless we obtain a financial recovery for you.
According to FINRA BrokerCheck, Daniel Stephen Snodgrass was terminated from BCG Securities on July 6, 2023 due to allegations that he violated the firm’s policies and procedures relating to servicing a customer’s account.
Snodgrass was registered as a broker with BCG Securities in Cherry Hill, NJ from 2017 to 2023. His BrokerCheck report also discloses that Snodgrass was terminated from UBS Financial Services in 2016 due to allegations that he violated several firm policies in connection with his failure to conduct sufficient due diligence during the onboarding of a new client.
Additionally, Snodgrass has two customer complaints and one tax lien disclosed. The customer complaints alleged misrepresentation and failure to follow instructions, however, both complaints were denied by the firm. Investors should be aware that the denial of a customer complaint by a brokerage firm does not mean that the complaint does not have merit. Investors may still pursue a FINRA arbitration claim to recover their investment losses by contacting KlaymanToskes.
Brokers/financial advisors and their firms have a fiduciary duty to recommend suitable investments that are in their customers’ best interests. KlaymanToskes can help you determine if your investment loss is due to fraud, financial advisor misconduct, or unsuitable investment advice. Depending on your circumstances, you may be entitled to recover your losses through FINRA arbitration.
Investors that suffered losses with Daniel Snodgrass may have recovery options. Contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or lawrence@klaymantoskes.com for a free consultation to discuss legal options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lawrence@klaymantoskes.com
www.klaymantoskes.com