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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.

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  • 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.

What is a Nutraceutical Stock Scam?

You may have heard about nutraceutical stock scams in the news recently, and it’s important to be aware of how these scams work and how you might hear about them. As an investment fraud lawyer, I can say that new trends often influence fraudsters, and it’s not a big surprise that the new and growing nutraceutical market has attracted a few bad apples. Although not every nutraceutical company is a scam, FINRA has cautioned investors to approach these investments carefully and be on the lookout for a potential “pump and dump” scam.

What is a Nutraceutical?

The term “nutraceutical” is used to describe a range of products that are based on vitamins, supplements, additives, and other natural or purportedly beneficial sources. You may have seen these products in the form of energy drinks, weight loss supplements, food items, or even natural cold remedies. Many of these opportunities are promoted online or via unsolicited email or calls.

How Do Nutraceutical Stock Scams Work?

Most of these scams are essentially a “pump and dump” scam. The fake company or product is heavily promoted in order to attract a large number of investors and falsely pump up the price of the stock. Once the price has gotten as high as it will go, the fraudsters will sell off or “dump” their shares and leave investors holding worthless stock.

Meyer Wilson represents harmed investors nationwide in stockbroker mediation, arbitration, and litigation, and we’d be happy to discuss your options with you if you have suffered losses. Give us a call today to schedule a completely free and confidential legal consultation with one of our experienced investment fraud attorneys.

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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