Signs of Elder Investment Fraud

Investor Claims Is What We Do - All Day, Every Day

Since 1999 our law firm has recovered more than $350,000,000 for victims of investment fraud and misconduct.
  • Jury Verdict Won Against Prudential Securities $262 Million
  • Recovered for 100-Year Old Widow $30 Million
  • Recovered in Retirement Losses $10 Million
  • Recovered for a Large Group of Individual Investors $6.5 Million
  • Recovered for Elderly Victim in Ponzi Scheme Case $3.8 Million
  • Recovered for Elderly Ponzi Scheme Victim $3.2 Million
  • Recovered for More Than 50 Families of Ponzi Scheme in California $3.2 Million
  • Recovered for 35 Families in Northeast Ohio $3.1 Million
  • Losses Recovered for 20 Retirees $3 Million
  • Recovered for Retired Physician Against Major Wall Street Firm Prior to Filing FINRA Arbitration $2.5 Million

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.

The Meyer Wilson Way

Results-Focused Representation
  • More than $350,000,000 Recovered
  • Voted Best Lawyers in America┬« for over Ten Years Running
  • David Meyer is President of Public Investors Advocate Bar Association (PIABA)
  • Over a Thousand Investor Claim Cases Since 1999
  • Exclusive Focus on Investor Claims & Class/Mass Action Lawsuits
  • Deep Bench of Skilled Attorneys and Staff Members

TRUSTED BY OVER 1,000 INVESTORS

Meyer Wilson has represented over 1,000 individual investors in high-stakes claims across the country, and has recovered over $350 million on their behalves. See what former clients have to say about our team.

  • “I primarily worked with Courtney Werning throughout the process and she was informative and knowledgeable. I trusted and fully recommend Courtney and her team.”

    - S.R.
  • “The communication throughout the process was on par - and they took the time to indulge me with the various questions and opinions.”

    - R.G.
  • “What I truly appreciated was getting a great result for my Mom with limited involvement/stress on her.”

    - S.W.
  • “We went to arbitration with the other respondent and I got to see firsthand the level of professionalism and expertise the Meyer Wilson firm can deliver.”

    - D.V.
  • “Chad would take the time to call and talk with me. His explanations were always clear and concise. I also appreciate all the effort put into the details and statistics required to argue this case.”

    - P.N.
  • “Meyer Wilson was able to produce the results that we felt were obvious and warranted while several other firms and even state offices simply had trouble understanding let alone moving the case forward.”

    - B.K.
  • “My overall experience was positive and I would encourage anyone who even thinks they have been a victim of stockbroker misconduct to call David.”

    - S.T.
  • “Meyer Wilson represented me in a suit brought last year against my brokerage firm, securing a very fair and equitable settlement for me.”

    - R.G., M.D.
  • “Right from the start, you had the passion and desire to win this case for us. I have never worked with an attorney or firm as compassionate as yours. I would highly recommend your firm to anyone.”

    - G.A.

Talk to Our Team

Get Started with a Free Evaluation
  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please enter the name of the investment firm.
  • Please enter your preferred contact method.
  • Please enter how much you lost.
  • Please make a selection.
  • Please enter a message.