The Game Changing Attorney Podcast with Michael Mogill 336. David Meyer — Your Financial Shield: How to Spot and Stop Investment Scams [Encore Edition]
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Feb 11, 2025 David Meyer, managing partner of Meyer Wilson and author of "The Investor Protector," discusses his journey into investment fraud law and the importance of safeguarding clients. He shares insights into the tactics of deceptive brokers and recounts heartbreaking true stories of financial betrayal. Meyer emphasizes the role of diligent vetting in choosing financial advisors and how education can prevent victimization. His advocacy highlights that success in law involves not only litigation but also proactive measures to protect clients from exploitation.
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Career Shift
- David Meyer, initially a tax lawyer, transitioned to investment fraud law after a chance encounter with a client.
- This led to a $261 million verdict, launching his career and firm.
The 101-Year-Old Widow
- Meyer discusses a case involving a 101-year-old widow who lost $30 million due to a dishonest broker.
- Meyer's firm successfully recovered her funds, highlighting the impact of investment fraud on vulnerable individuals.
Hesitancy to Seek Help
- Victims often hesitate to seek legal help in financial fraud cases due to embarrassment or self-blame.
- This differs from other injury cases where seeking legal recourse is more common.