Theodore R. Snyder attorney profile image

Theodore R. Snyder
1185 Avenue of the Americas
21st Floor
New York, NY 10036
T: (212) 880-3976
Practice Areas
  • Harvard Law School, J.D. 1988; Harvard Law Review, Member of Board of Editors
  • University of Pennsylvania, B.S. in Economics from The Wharton School, B.A. from the College of Arts and Sciences, 1985, summa cum laude
  • New York
  • U.S. Supreme Court
  • U.S. Court of Appeals, Second Circuit
  • U.S. District Court, Eastern District of New York
  • U.S. District Court, Southern District of New York
  • U.S. Tax Court


Ted Snyder is entrusted by clients with litigating high stakes, complex commercial matters in federal and state court, arbitration and regulatory enforcement proceedings.  The focus of his practice is defending many of the largest global financial institutions and their executives against securities law and other commercial claims.  He has achieved outstanding results for clients in more than three decades of practice.

Notable Engagements and Experience

Litigation.  Ted has wide-ranging experience litigating in federal and state courts, and has achieved significant victories at the trial and appellate court levels.  Representative cases include:

  • Defended a mortgage originator in multiple RMBS (residential mortgage backed securities) cases in state and federal court; victories included obtaining summary judgment dismissing a federal court complaint seeking $1.1 billion in damages for alleged breaches of representations and warranties, which was affirmed on appeal by the Second Circuit.
  • Defended national securities exchanges in multiple class actions relating to the transmission of market data; these were highly publicized cases filed after the publication of Michael Lewis’ Flash Boys.
  • Defended an underwriter in a class action alleging securities law violations; the case was settled with no payment by our client and reimbursement of its legal fees.
  • Obtained complete dismissal of federal court action seeking $200 million in damages for alleged market manipulation and representations by an investment banking firm and its executive; affirmed on appeal by the Second Circuit.
  • Obtained complete dismissal of federal court action by investors alleging securities fraud and common law claims against several financial firm executives; court ordered sanctions against plaintiffs, requiring them to reimburse defendants for their reasonable attorneys’ fees.
  • Numerous victories in New York state trial and appellate courts, including obtaining dismissal of cases alleging breach of contract, fraud, violations of privacy rights and employment-related claims.

Arbitration.  Ted has deep experience over decades representing broker-dealers and investment advisers in securities arbitrations.  He has successfully defended investor and employment claims in dozens of cases for many of the largest firms and their employees, including claims relating to options transactions, margin, operational issues, compensation disputes, and general fraud and unsuitability claims.  He has obtained dismissals in numerous seven-figure cases involving complex issues, including a case tried over 40 days after which the arbitration panel unanimously dismissed a $200 million claim involving the sale of auction rate securities.

Enforcement and Regulatory Actions.  Ted has extensive experience representing corporations and individuals in investigations and defending them in enforcement proceedings initiated by regulators, including the SEC, FINRA, CFTC, NYSE and state regulatory bodies.  He was lead counsel in a two-week federal court trial defending multiple executives against claims brought by the SEC, and recently represented an investment adviser and two of its executives in an SEC administrative proceeding.

     Ted began his career as a commercial litigator at global law firms White & Case and Coudert Brothers, and then worked for more than a decade as a name partner at the highly regarded securities boutique firm Krebsbach & Snyder, P.C.  In 2012, he and the other lawyers at the firm joined McGonigle, a boutique firm formed in 2010 with a focus on providing high-level, cost efficient legal services to banks, broker-dealers, investment advisers and other financial services firms.  McGonigle has grown to approximately 50 lawyers, and is ranked by U.S. News & World Report as a “National Tier One Law Firm” in securities litigation and securities regulation. In 2021 and 2022, U.S. News selected the firm as “Law Firm of the Year” for securities regulation.