Mark Peter Koestner— Allegations of Engaging in a Private Securities Transaction or an Outside Business Activity or Both

Rochester stockbroker fraud attorneyMark Peter Koestner Allegedly Engaged in a Private Securities Transaction or an Outside Business Activity amid a Wells Fargo Internal Review of a Wire Transaction that Transpired between His Bank Account and a Panama Law Firm

Mark Peter Koestner, of Naples, Florida, a stockbroker with Wells Fargo Advisors, LLC, allegedly executed a wire transfer was associated with a private securities transaction that purportedly took place between his bank account and a Panama law firm, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) currently being reviewed by attorneys Alan Rosca and Joe Peiffer.

Mark Peter Koestner, who resigned from Wells Fargo on July 23, 2014, became the subject of a FINRA investigation in January 2016 regarding allegations of his outside business activity and/or private securities transactions, the AWC notes.

The Peiffer Rosca Wolf securities lawyers are currently investigating Mark Peter Koestner’s alleged private securities transactions or an outside business activity, or both.

Mark Peter Koestner Permanently Barred from Associating with Any FINRA Member Firm in Any Capacity after Consenting to Findings He Allegedly Obstructed a FINRA Investigation

Mark Peter Koestner’s attorney allegedly communicated with FINRA, indicating FINRA’s request was acknowledged by Koestner, and stating that Koestner would not be providing testimony pursuant to FINRA’s investigation at any point, according to the aforementioned AWC presently under review by attorneys Alan Rosca and Joe Peiffer.

Koestner also allegedly never appeared for the March 1, 2016 testimony, the AWC reports.

FINRA further alleges that Koestner’s refusal to cooperate in the investigation violated FINRA Rules, and hence, Koestner has been permanently barred, according to the aforementioned AWC.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of outside business activities and private securities transaction and are currently investigating Mark Peter Koestner’s alleged private securities transaction. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Mark Peter Koestner’s alleged private securities transaction may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1234 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.