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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 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.

  • 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.

How the Trend Toward Local Business Could Lead You to Investment Fraud

As the culture of the U.S. shifts more toward personal and community responsibility, more and more investors want to carefully choose who they do business with and where their investment cash goes. While our investment fraud lawyers have talked before about how some con artists prey on investors who want to put their investment money where it will do the most good in the world, other con artists pretend to be community-friendly, local brokers to lure you away from large, corporate brokerage firms and into their scams.

How Small, Local Brokers & Financial Advisors Can Lure You into Fraud

While there is no harm in seeking a local broker or advisor, you should be on the lookout for any signs of fraud or broker misconduct. Although there are many tactics that con artists may use to manipulate you, some may specifically take advantage of your desire to work with someone in your community. Here are some common ways they do it:

  • Some con artists may manipulate your desire to move away from larger investment corporations. Many con artists lure investors in by offering a more personal investment experience and building a relationship with victims. While not every friendly, local advisor or broker is a scammer, you should be treating each investment recommendation—no matter who it comes from—with the same suspicion you would a recommendation from a stranger.

  • Some seemingly local or independent brokers have “invisible” affiliations. Although, for all appearances, it may seem that your advisor works on his own, some small operations are actually affiliated with and informed by larger corporations. For example, many clients of advisors who contracted with LPL Financial were unaware of the larger company’s role in the investment decisions made for them, which is particularly important in light of the history of investor complaints of unsuitability against LPL Financial.

  • Some con artists may try to contact you based on community affiliations. Some large scams and Ponzi schemes in recent years have been attributed to con artists who preyed on groups, such as friends and families, church congregations, local ethnic communities, etc. If you are part of a group in your community, be suspicious of any sudden buzz around a hot, new investment or financial professional.

If you have lost money to investment fraud and have questions about recovering your losses, the investment fraud lawyers with Meyer Wilson can help. Call us today!

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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