June 16, 2025
Fraud
ChapmanAlbin is investigating potential claims on behalf of investors who worked with former Gradient Securities broker Nicholas Stovall.
According to public records, Nicholas Stovall voluntarily resigned from Gradient Securities in May 2024 while under internal review. The firm disclosed concerns that Stovall may have recommended an unapproved investment to a customer and failed to adequately respond to supervisory inquiries regarding that transaction.
Stovall has worked in the securities industry for over two decades and has been affiliated with multiple brokerage firms. His regulatory history includes previous disclosures involving customer disputes and terminations from prior firms. The nature of the most recent concerns raises red flags regarding possible sales of unauthorized or unsuitable investment products—often a warning sign of broker misconduct or negligence.
If you invested with Nicholas Stovall and were sold unapproved or unsuitable investment products, or if you experienced unexpected losses in your account, contact ChapmanAlbin today. We are currently investigating claims involving Stovall and may be able to help you recover your investment losses.
Call 1-877-410-8172 or visit chapmanalbin.com for a free consultation.
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