Released from prison after serving two years on a check-forging charge, Mildred Lynch changes her name to Diane Stuart and moves to Los Angeles.

Parole officer Joan Willburn finds her a job at a hospital. Diane repays her by stealing Joan's boyfriend, Larry Collins, after he comes to the hospital to visit a patient.

Diane hides the relationship from Joan and hides her past from Larry. Once she finally finds out, Joan graciously accepts the new relationship but warns Diane that to get married, she must first seek approval from the parole board, which will be under a legal obligation to contact Larry.

Despite all the help Joan has been, Diane accuses her of trying to sabotage her romance and also her parole, after Diane is arrested for a drug theft at the hospital for which ex-convict Tilly Thompson is responsible. She runs away until Larry lets her know that, thanks to Joan, the charges have been dismissed.

• Lizabeth Scott as Joan
• Jane Greer as Diane
• Dennis O'Keefe as Larry
• Fay Baker as Tilly
• John Hoyt as Judge Kendall
• James Bell as Mr. Neeley
• Don Beddoea s Jamieson
• Bert Freed as Smitty
• Irene Tedrow as Mrs. Seeley
• Marjorie Wood as Mrs. Haley
• Marjorie Crossland as Mrs. Griggs
• Virginia Farmer as Mrs. Harris
• Theresa Harris as Lilly Johnson
• Victoria Horne as Marcia Guston
• Charles Wagenheim as Pete
• Virginia Vincent as Annabelle Bird
• Kenneth Tobey as Rex Fisher
• Beau Bridges as Obie
• Frances Morris as Mrs. McLean
• Adrienne Marden as Amy Bower
• Kathleen Freeman as Josie

The film recorded a loss of $315,000.^[2]

• The Company She Keeps at IMDb  
• The Company She Keeps at the TCM Movie Database
• The Company She Keeps at AllMovie
• The Company She Keeps at the American Film Institute Catalog
• The Company She Keeps at Rotten Tomatoes