Former KDC Financial, Inc. broker John Openshaw (CRD# 2306112) is accused of real estate losses. He was registered with the following brokerage firms in the past few years:
- KDC Financial, Inc. in Green Bay, Wisconsin, from 2018 to 2020
- Lombard Securities Incorporated in Baltimore, Maryland, from January to March 2018
- Lombard Securities Incorporated in Baltimore, Maryland, from July to December 2017
- Freedom Investors Corp. in Brookfield, Wisconsin, from 2016 to 2017
- Port Securities, Inc. in Newport Beach, California, from July to August 2016
- Newport Coast Securities, Inc. in Irvine, California, from 2009 to 2016
John Openshaw Customer Complaints
He has been the subject of 10 customer complaints between 2002 and 2024, according to his CRD report. The most recent complaint was regarding:
November 2024. “Three purchases of REITS occurring between 08/03/2018 and 02/19/2019. Client claims transactions were unsuitable.” The customer is seeking $300,000 in damages, and the case is currently pending.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, KDC Financial, Inc. may be liable for investment or other losses suffered by John Openshaw’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
"*" indicates required fields
