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.
| Actor | Role |
|---|---|
 Rod La RocqueLamont Cranston / The Shadow | Lamont Cranston / The Shadow |
 Astrid AllwynPhoebe Lane | Phoebe Lane |
 Thomas E. JacksonCommisioner Weston | Commisioner Weston |
 Oscar O'SheaHeath | Heath |
| LLew HearnMoe | Moe |
 Wilhelm von BrinckenFlotow | Flotow |
 Tenen HoltzStarkhov | Starkhov |
 William PawleyHonest John | Honest John |
| PPeter PotterBurke | Burke |
 John St. PolisRoger Morton | Roger Morton |
 Nick StewartBootblack | Bootblack |