John Wyncote's father dies, leaving him a bankrupt business. He instructs the family attorney, Thorden, to sell the business and all of his father's other interests. One of the now bankrupt company's investors, facing financial ruin, kills himself, leaving a son and a daughter, both of whom blame the Wyncote family for their loss and vow to take their revenge on them.

Hardworking reporter Phyllis Dale has been hiding a seventeen year old secret. But when her wild daughter Bobby is removed from boarding school, it looks like the secret is out. That is, until Bobby introduces herself as the little sister to Phyllis' fiancé Lawrence and boss Roger. Yet Bobby is bound to cause mischief by flirting with everyone. And when she draws the attention of a philandering divorcee, she is bound for scandal! Will Phyllis be able to keep wild Bobby out of the Headlines?