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This week on Going Public with Ross Mandell, Wall Street legend Ross Mandell opens up about the first lawsuit of his career — a story that exposes the underbelly of the financial industry during his early years as a top stockbroker at Oppenheimer & Company.

Ross recalls how he landed a dream client, Mary, who invested over $250,000 across five promising stocks. But when the market turned and all five tanked, Mary demanded her money back — and soon after, Ross was hit with his first lawsuit. What unfolded next revealed the manipulative practices of major brokerage firms that used their own brokers and clients to inflate stock prices and profit off hidden conflicts of interest.

Ross breaks down how these corporate schemes worked, how brokers were unknowingly caught in the middle, and why the real “game” on Wall Street isn’t always what it seems. This episode is a masterclass in understanding the hidden mechanics of market manipulation, told by someone who lived it.

💡 Episode Highlights

-Ross’s Early Wall Street Days: How he became one of Oppenheimer’s youngest and most successful brokers.

-The Lawsuit That Changed Everything: His first client dispute and what it taught him about risk, ethics, and the business.

-Behind the Curtain: How major brokerage firms quietly profited while their clients lost millions.

-Insider Perspective: What brokers don’t know about the institutional games happening behind closed doors.

-Lessons Learned: Ross’s advice for investors and brokers navigating the deceptive side of high finance.

Ross Mandell shares the untold story of his first Wall Street lawsuit — a cautionary tale that reveals how major firms use brokers and clients alike to fuel their own profits while leaving investors holding the bag.

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