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  • Attorneys David Meyer and Matthew Wilson have been selected to the list of Super Lawyers since 2011 and 2015 respectively.

  • Attorney David Meyer is a member of the Million Dollar Advocates Forum, an organization recognizing attorneys who have secured million dollar cases.

  • Martindale-Hubbell® Peer Review Ratings™ has recognized attorney David Meyer as an AV Preeminent® attorney in High Ethical Standing.

  • Attorneys David Meyer and Matthew Wilson have received a 10 out of 10 “Superb” rating on Avvo, calculated based on stringent and exhaustive criteria.

  • Attorney David Meyer was selected as the 2015 Lawyer of the Year for Professional Malpractice Law – Plaintiffs for Columbus, OH by Best Lawyers®.

  • Meyer Wilson was ranked as a Tier 1 Best Law Firm for both Mass Tort Litigation / Class Actions – Plaintiffs and Professional Malpractice Law – Plaintiffs by U.S. News.

  • Attorney David Meyerhas been selected to the list of the Best Lawyers in America® for Mass Tort Litigation / Class Actions – Plaintiffs and Professional Malpractice Law – Plaintiffs every year since 2011.

I’m worried that my elderly parents may become victims of fraud. What are the signs of elder investment fraud?

Many fraudsters choose to prey on elderly victims because, especially in a poor economy, that’s where the money is: in retirement accounts and life-long savings. Unfortunately, many elderly investors are vulnerable to senior investment fraud due to medical issues, cognitive impairment, or a failure to dig deeper into the facts when given a great pitch.

If possible, take the time to speak to your parents or their family physician about how to handle these kinds of financial concerns over time, and ask questions about how and where they are investing their money.

Additionally, be on the lookout for these signs that elder financial abuse is occurring:

  • Your parents talk about a new financial advisor or broker who “guarantees” high returns fast.
  • Your parents have given control of or access to their financial accounts to another person.
  • Your parents put their money in a new investment opportunity, but they have not received statements or documentation about the investment in writing.
  • Your parents make their checks out directly to an investment advisor.
  • Your parents don’t review their statements or don’t ask questions about suspicious transactions.
  • Your parents have trouble contacting their advisor or the advisor fails to return their calls.

If you believe that your parents have already become victims of an investment scam or stockbroker misconduct, please speak with one of our experienced investment fraud attorneys as soon as possible to discuss options for recovery. The skilled investment fraud and stockbroker misconduct lawyers with Meyer Wilson represent harmed investors nationwide, and we would be happy to discuss your case and support you through stockbroker mediation, arbitration, and litigation as needed. Just give us a call today for more information.

You can learn more about the power of attorney, and how granting this to a trusted individual can help protect elderly investors, by watching our video below.

Need More Information?

Investment misconduct can be complex and confusing. That’s why we’re here to help you. Visit our Common Questions page to find in depth answers directly from our attorneys. Get More Answers
Have You Been a Victim of Investment Fraud?

You trusted your financial advisor with your money, but now you're left wondering what went wrong. If you or a loved one suffered losses because of investment misconduct, Meyer Wilson can step in and fight to recover your losses. The team of investment fraud lawyers at the firm has been helping people like you since 1999 by winning judgments, settlements and verdicts worth hundreds of millions of dollars against brokerage firms, financial advisors and banks.

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