336. David Meyer — Your Financial Shield: How to Spot and Stop Investment Scams [Encore Edition]

The Game Changing Attorney Podcast with Michael Mogill

Michael Mogill

Entrepreneurship, Marketing, Management, Business

5.0 • 539 Ratings

🗓️ 11 February 2025

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What does it take for an attorney to not only excel in a specialized niche but also become a champion for client protection against financial deception? In this episode of The Game Changing Attorney Podcast, Michael Mogill welcomes David Meyer, a pioneering force in the field of investment fraud law. Meyer reveals his journey from a chance encounter that shifted his career trajectory to becoming one of the leading figures in protecting clients from unscrupulous financial advisors. Here’s what you’ll take away: How specializing in a niche can transform your career and set your firm apart Why vigilant protective measures are crucial for safeguarding clients against financial exploitation How sharing client stories can serve as a powerful educational tool to prevent others from falling victim to similar fraudulent schemes Success in law isn't just about litigation — it's about foreseeing potential threats and equipping your firm and clients with the tools to avert them. By focusing on these proactive strategies, law firms can turn vulnerabilities into resilience, ensuring a legacy of trust and security in their client relationships. ---- Show Notes: 00:00 – Introduction 02:14 – Fighting Investment Fraud: How David Meyer Built His Practice 04:28 – The Landmark Case That Launched His Career 06:32 – Protecting Investors: Common Tactics of Bad Brokers 09:22 – Why Victims of Financial Fraud Blame Themselves 12:46 – Unbelievable Stories: The Dark Side of Financial Advising 17:47 – How to Vet a Financial Advisor and Avoid Scams 25:12 – Working With the SEC to Protect Investors 37:24 – What It Means to Be a Game Changer ---- Links & Resources: The Investor Protector by David Meyer 2000 Dot-Com Bubble Continuing Legal Education (CLE) BrokerCheck.org Financial Industry Regulation Authority (FINRA) Ponzi scheme Stocks Bonds Mutual funds Exchange Traded Funds (ETFs) Securities and Exchange Commission (SEC) Expungement Robinhood ---- Listening to this episode but want to watch it? Check it out on Spotify. Do you love this podcast and want to see more game changing content? Subscribe to our YouTube channel. ---- Past guests on The Game Changing Attorney Podcast include David Goggins, John Morgan, Alex Hormozi, Randi McGinn, Kim Scott, Chris Voss, Kevin O’Leary, Laura Wasser, John Maxwell, Mark Lanier, Robert Greene, and many more. ---- If you enjoyed this episode, you may also like: Episode 285 — Morgan Housel — Mastering the Psychology of Wealth: Beyond Money and Success Episode 197 — Robert Greene — The Laws of Power and Human Nature Episode 302 — AMMA — Leading with Integrity: How to Compete Ethically

Transcript

Click on a timestamp to play from that location

0:00.0	We're talking about a minority of brokers, but when you've got over a million advisors in this country, even a small percent can cause some devastating harm.
0:11.7	That's David Meyer, the managing partner of Meyer Wilson and the author of The Investor Protector.
0:17.2	The fact that there is an avenue for recovery in situations where there's an inappropriate conduct on behalf of the advisor and a collectible firm, that's what's inspiring.
0:26.1	That's why all the lawyers and our staff come to work every day because of the good we can do in helping to restore financial stability to our clients.
0:43.4	I'm Michael Mobile, founder and CEO of Crisp, the nation's number one law from growth company. I've built my business through practice, not theory. Crisp started with just $500 to my name
0:48.8	and has grown to over eight figures in revenue over the last few years, earning a spot on the
0:53.1	Inc. 500 list of the
0:54.4	fastest-growing private companies in America. Our approach has been to take everything we've
0:58.4	learned about generating massive growth within our own organization and help the country's most
1:02.6	ambitious and committed law firm owners do the same for theirs. In each episode of this podcast,
1:07.1	I sit down with innovative market leaders from the legal industry and beyond to learn from those who thrive in the face of adversity, challenge the status quo, and define what it means to be a true game changer.
1:17.9	Today, we're revisiting one of our most popular episodes from the podcast where I sat down with David Meyer to discuss his landmark case that resulted in the largest jury verdict in Ohio history, the choices you can make
1:28.1	to protect your financial well-being, and the lessons he learned in his triumphs over financial
1:32.2	advisors who lie, cheat, and steal. If somebody gets into a car accident, no one has a problem of seeking
1:38.4	out a lawyer and filing a lawsuit to be compensated for their injury. But for some reason, when that
1:44.0	happens in the financial
1:44.9	situation, folks are hesitant to acknowledge that they have a problem that was caused by somebody
1:52.7	else and they internalize it. So many cases of investment fraud are never pursued because
1:57.9	folks, they're embarrassed, they believe wrongfully that it was their fault
2:01.8	for trusting somebody. That's coming up on the Game Changing Attorney podcast.
2:14.1	Before we begin today's episode, I want to remind you that we aren't beholden to any sponsors or run any ads on this podcast.
2:20.7	This allows us to present all of our episodes raw and unfiltered.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Michael Mogill, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Michael Mogill and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.