Ignored by his alcoholic parents, Jimmy Wilson starts hanging around with some shady characters. After falling in love with a lounge singer, Jimmy tries to impress her by doing jobs for her shady boss. After one of these jobs goes bad, Jimmy ends up on the run. Eventually, he must confront the truth, his past, and his parents. The judge cites parental neglect in the case of a teenager (John Miljan) charged with murder.
Lamont Cranston assumes his secret identity as "The Shadow", to break up an attempted robbery at an attorney's office. When the police search the scene, Cranston must assume the identity of the attorney. Before he can leave, a phone call summons the attorney to the home of Delthern, a wealthy client, who wants a new will drawn up. As Cranston meets with him, Delthern is suddenly shot, and Cranston is quickly caught up in a new mystery.
The second and final Grand National Pictures film to feature The Shadow, played again by Rod La Rocque. In this version, Lamont Cranston is an amateur detective and host of a radio show with his assistant Phoebe (not Margo) Lane. Cabbie Moe Shrevnitz and Commissioner Weston also appear.
