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Kathy Koester Barred by FINRA for Alleged Failure to Provide Information

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
September 13, 2024 at 7:41pm

Kathy Koester (CRD #: 1210107), a broker formerly registered with LPL Financial, has been barred by FINRA, according to her BrokerCheck record, accessed on August 2, 2025. Keep reading if you have questions regarding her alleged conduct. 

Bar by FINRA

On April 23, 2025, Kathy Koester was suspended by FINRA for allegedly failing to respond to requests for information. This suspension converted to a bar on July 28, 2025.

FINRA Rule 9552

FINRA Rule 9552 penalizes members who fail to provide documents, information, or testimony requested by FINRA with a suspension. This suspension converts to a bar if the member fails to request an end to their suspension within three months.

Employment Separation After Allegations 

On July 12, 2024, LPL Financial fired Kathy Koester following allegations that she submitted account documents containing non-genuine signatures. 

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information 

Kathy Koester has passed the following exams: 

  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination

During her 42 years of experience, Kathy Koester has registered with two firms: LPL Financial (CRD #: 6413) and Invest Financial Corporation (CRD #: 12984). 

Kurta Law Can Help 

If you worked with Kathy Koester and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.

 

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