Haselkorn & Thibaut has launched an independent investigation into Gary Datta, a financial advisor in Coppell, Texas, now affiliated with Wells Fargo Advisors and formerly of Edward Jones. If you believe you may have suffered losses while working with Mr. Datta, this report is essential reading. We encourage investors who want professional guidance about their circumstances to request a free, confidential consultation with an attorney at Haselkorn & Thibaut: 888-994-8066.
Who Is Gary Datta?
Gary Datta (CRD# 6060441) is a veteran financial advisor with over 13 years’ experience in the securities industry. He is currently registered as both a broker and investment advisor with Wells Fargo Advisors, based in Coppell, Texas. Previously, Mr. Datta served clients as a representative for Edward Jones, where the conduct described in a pending customer complaint is alleged to have occurred. His licensing spans several key states, including Texas, California, Florida, Massachusetts, New York, Pennsylvania, and more.
Credentials at a Glance
- Securities Industry Essentials (SIE) Examination
- Series 7: General Securities Representative
- Series 66: Uniform Combined State Law Examination
- Licensed in 12 states
Recent Allegations Against Gary Datta
The most significant development is a customer complaint filed in October 2025 against Gary Datta. According to publicly available regulatory records, the customer alleges that, during his tenure at Edward Jones, Mr. Datta engaged in several forms of misconduct:
- Breach of fiduciary duty
- Negligence and negligent supervision
- Fraud
- Breach of contract
- Unauthorized trades
The complaint is pending and seeks damages of $258,993. As of the most recent regulatory review, this customer dispute remains unresolved.
Understanding the Complaint
When a client raises allegations such as negligence, it often means the advisor may have failed to live up to the standard of care expected in the industry. Examples can include:
- Recommending investments without adequate due diligence
- Failing to diversify a portfolio properly
- Ignoring a client’s instructions
- Undertaking risky or unauthorized trades
Advisors are expected to adhere to the highest standards detailed in regulations like FINRA Rule 2010, which mandates that financial professionals observe “high standards of commercial honor and just and equitable principles of trade.” When these standards are not met, investors can experience losses—and violating these principles may result in liability or regulatory discipline.
Public Record Summary: Gary Datta, Wells Fargo Advisors
Below is a clear breakdown of Gary Datta’s history, based on FINRA’s BrokerCheck and public disclosures as of November 2025:
| Category | Details |
|---|---|
| Registration History | Edward Jones (1998–2025, CA & TX) Wells Fargo Advisors (08/2025–present, TX) |
| Current Disclosures | One pending customer complaint (filed October 2025, for $258,993) |
| Regulatory Actions | No FINRA disciplinary actions No SEC enforcement or civil proceedings |
| Criminal Disclosures | None reported |
| Financial Events | No bankruptcies, tax liens, or judgments |
| State-Level Sanctions | None disclosed in Texas, California, or other licensed states |
No Regulatory or Criminal Discipline on Record
It is important to recognize that, aside from the pending customer complaint detailed above, there are currently no reported disciplinary inquiries, regulatory actions, or lawsuits involving Gary Datta. He has not been subject to any suspension, fine, or criminal case at the federal or state level as of the latest review.
Why Investors Should Pay Close Attention
Allegations related to unauthorized trading and breach of fiduciary duty are serious. Even if a claim is still pending, such complaints can indicate potentially bigger problems or concerns with a financial advisor’s practices or compliance culture at their affiliated firm.
Haselkorn & Thibaut has extensive experience helping investors determine the best path forward when faced with losses or concerns about misconduct, negligence, or unauthorized trading. With over five decades of combined experience, a 98% success rate, and a national reach, Haselkorn & Thibaut offers investors a true partner for investor justice. No recovery, no fee.
Checklist: What Should Concerned Investors Do?
- Monitor your account statements and investment activity for any signs of unauthorized trades or unexplained changes
- Document any conversations or written instructions you gave your advisor
- Consider a second opinion if anything seems unclear or if you have questions about your portfolio’s performance
- Contact a reputable investor-advocacy law firm for a free and confidential review of your case
Your Next Step: Contact Haselkorn & Thibaut
If you have worked with Gary Datta, either at Edward Jones or Wells Fargo Advisors in Coppell, Texas—or if you have noticed irregularities, unauthorized trading, or unexplained losses in your investment accounts—you deserve clear answers and, potentially, recovery. Take control of your financial future. Contact Haselkorn & Thibaut today at 888-994-8066 for a free, no-obligation consultation and get experienced advocates on your side.
Don’t let uncertainty stand in the way of protecting your investments and your peace of mind. If you have any suspicions or concerns regarding Gary Datta or other advisors, start by having a professional evaluate your situation—at no cost to you.
