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

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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.

Is There Ever Really Such a Thing as a "Free Lunch"?

80% of Seniors Receive Free Lunch Investment Seminars Invitations Annually

According to the FINRA Investor Education Foundation, 8 out of 10 seniors receive at least one "free lunch investment seminar" invitation each year. The invitations typically advertise an "educational workshop" where "nothing will be sold," during which attendees will be treated to an upscale lunch at a hotel, restaurant, retirement community or golf course while learning about investment "strategies" and products.

In a 2007 joint report by the SEC, FINRA and members of the North American Securities Administrators Association (NASAA), regulators found that contrary to the invitations' claims 100% of the "free lunch seminars" were actually sales pitches. On top of that, 59% of firms involved in the presentations neglected their supervisory duties, 50% of presentations featured exaggerated or misleading claims, almost a quarter involved unsuitable recommendations, and 13% of the "free lunch" seminars were downright fraudulent.

"I applaud the securities examiners whose collective work has clearly shown that there's no such thing as a free lunch," said then SEC Chairmen Christopher Cox in a September 10, 2007 NASAA press release.

For those investors who have already been a victim of fraudulent sales claims, an experienced securities/investment fraud attorney may be able to help you recover investment losses. For investors considering attending a seminar, a how-to video on createthegood.org (sponsored by AARP) recommends protecting yourself by asking several key questions before purchasing any investment product, including: Are you licensed to sell this product? Who are you registered with? and Is this investment registered with the S.E.C.? If the presenter can't answer the questions or the answers don't check out, it's okay to walk away.

Get more information about free lunch seminars from former stockbroker and attorney at Meyer Wilson, Chad Kohler:

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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