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Broker Misconduct Investigation: John Openshaw (KCD Financial)

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Updated on: February 25, 2025

Who is John Openshaw? Broker John Openshaw is a financial professional with a career that began in 1993. He has been associated with KCD Financial, and in 2024, a customer filed a complaint alleging unsuitable recommendations of Real Estate Investment Trusts (REITs). If you have investment losses due the actions of broker John Openshaw, contact the investment loss attorneys  KlaymanToskes  by calling +1 (888) 997-9956 or request a free case evaluation to determine if you are eligible for recovery.

National investment loss lawyers KlaymanToskes is investigating broker John Openshaw (CRD #2306112) of KCD Financial.

According to FINRA BrokerCheck, John Openshaw of KCD Financial Inc. in Green Bay, WI is facing a customer complaint alleging $300,000 in damages for making unsuitable recommendations involving three REIT purchases between August 2018 and February 2019.

Investors that suffered losses with broker John Openshaw are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Investor Files $300,000 Complaint Against Broker John Openshaw

According to FINRA BrokerCheck, John Robert Openshaw, a registered representative for KCD Financial, Inc. in Green Bay, WI, is involved in an investor complaint. The complaint allegedly involves three REIT purchases that occurred between August 3, 2018, and February 19, 2019. The client alleges the transactions were unsuitable and is seeking $300,000.00 in alleged damages. 

Investment Losses with Broker John Openshaw?

Investment Losses with Broker John Openshaw?

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Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.

Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.

If you suffered losses with broker John Openshaw, or have concerns regarding your investment portfolio at KCD Financial, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.