Steve Van Ruyle (Robert Preston (actor)) is a sailor who inherits a position on the board of a company headed by Bjorn Faulkner (Nils Asther). The board discovers $20 million has disappeared from the company's funds, and demands answers from Faulkner. That night Faulkner meets with a man called Anton Haraba, and is apparently thrown from his penthouse balcony to his death. Faulkner's secretary, Kit Lane (Ellen Drew), enters the penthouse moments later, leading police to arrest her for Faulkner's murder. Van Ruyle decides to investigate the crime. Suspecting that Lane and Faulkner were embezzling the money together, he pays her bail so he can question her about the situation. They find Faulkner's diary, and the entries lead Van Ruyle to believe Lane is innocent. The district attorney (Paul Stanton (actor)) disagrees, and Lane goes to trial.
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