Henry Snyder

Henry Snyder is currently employed as a Broker and/or Investment Adviser at USA FINANCIAL SECURITIES CORPORATION located at 402 Penco Road, Weirton, WV, 26062.

Henry Snyder has worked at USA FINANCIAL SECURITIES CORPORATION since May 25, 2017

Disclosure History

Henry Snyder has 1 Disclosure Event(s).

Date: March 01, 1996
Category: Customer Dispute
Allegations: [CUSTOMER] STATED I TOLD HIM HE WOULD NOT HAVETO PAY ANY MORE PREMIUMS ON A VARIABLE UNIVERSAL LIFE CONTRACTAFTER A $5,100 DROP-IN. ALSO [CUSTOMER] ALLEGES I TOLD HIM TODISREGARD ALL PREMIUM NOTICES.
Settlement Amount: $10,745.00
Broker Comment: PRUDENTIAL AGREED TO ADJUST THE PRICE OF THECONTRACT SO NO FUTURE OUT OF POCKET PREMIUMS WOULD HAVE TO BEPAID BY [CUSTOMER] (COST $10,745.00)I WENT TO [CUSTOMER] WITH MY SALES MANAGER,[OTHER FIRM EMPLOYEE], WHILE IN TRAINING AT PRUDENTIAL MY MANAGER SOLDTHE CASE WHILE I OBSERVED. [CUSTOMER] APPLIED $5,100 FROMDIVIDENDS ON ONE OR TWO OLD POLICIES FROM PRUDENTIAL. IREMEMBER MY MANAGER TOLD HIM NOT TO PAY HIS-OLD- POLICIES SINCETHE DIVIDENDS WERE LARGE ENOUGH TO PAY THE PREMIUMS, BUT TOAPPLY THE MONEY HE WAS PAYING INTO THE OLD POLICIES INTO THENEW ONE. [CUSTOMER] WAS NOT TOLD TO DISREGARD PREMIUM NOTICES ONTHE NEW POLICY BY MY MANAGER NOR MYSELF. HOWEVER, I LEFTPRUDENTIAL IN THE EARLY PART OF 1991, SO I DON'T KNOW IF ANYONEELSE TOLD HIM THAT. I ALSO DON'T RECALL ANY REPLACEMENTREGULATIONS BEING VIOLATED SINCE WE DIDN'T REPLACE ANYTHING.

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