Nicholas Stovall Resigns from Gradient Securities

Israels & Neuman, PLC

ST. PAUL and ARDEN HILLS MINNESOTA

Have you invested with financial advisor Nicholas Stovall from St. Paul and Arden Hills, Minnesota? We are reviewing allegations made against this advisor.  According to BrokerCheck, a website maintained by FINRA, he was permitted to resign from Gradient Securities while under an internal investigation.

BrokerCheck discloses that this advisor was the subject of an arbitration claim filed in July 2023, alleging the solicitation of unregistered promissory notes.  After Gradient Securities initiated an internal investigation into the allegations surrounding the unregistered promissory notes, Mr. Stovall resigned from Gradient Securities and Gradient Advisors.  Gradient Securities also alleged that Stovall was under investigation by the Kansas Securities Commission and failed to timely notify them of this investigation. 

Between 2009 and July 2023, Nicholas Stovall was licensed through Gradient Securities.  In addition to the July 2023 customer complaint, he was also the subject of a 2018 complaint.  He worked in St. Paul and Arden Hills, Minnesota offices.

Securities brokerage firms are required to have written internal policies which dictate what advisors can and cannot do.  If the advisor or broker fails to follow the firm’s policies, it can lead to discipline against the advisor, including termination.

Israels & Neuman, PLC represents investors in Minnesota and throughout the U.S.  We have represented thousands of investors against many brokerage firms in the past.

            View BrokerCheck report here.

            You can find the Kansas Securities Commission website here.

If you lost money with Nicholas Stovall or Gradient Securities, contact one of our highly experienced attorneys at Israels & Neuman, PLC for a free and confidential evaluation of your case. Call (720) 599-3505 or (206) 795-5798 or click the CONTACT US button to email us directly.

Client Reviews

What are past clients saying about Israels & Neuman, PLC?

Aaron Israels was diligent, professional, knowledgeable and extremely thorough. My legal ordeal was quite cumbersome but Aaron was present, willing and ready to go the extra mile for me. I HIGHLY RECOMMEND, Israels and Neuman, PLLC for...

Kay H.

I have worked with many attorneys over the course of my career in both large and small businesses. Dave and Aaron are an outstanding legal team. I used Dave and Aaron for a personal situation that called for a hands on detailed approach. I found...

Fred S.

Aaron created our wills and offered solutions that made the process easy and pain free. We recently needed to amend our wills, and he made suggestions that made a better distribution that we had not thought of prior to meeting with him. He was...

Debra K.

I have worked with Aaron Israels for over eight years and can confidently say that he is the most honest and hard-working attorney I know. He not only gets results, but he also genuinely cares about his clients and colleagues. If you have a...

Tony E.

Mr. Aaron Israels set up our business by listening to us and creating a structure legal structure that was exactly what we wanted and needed. All of the work was set up in a binder for easy access to all information along with clear instructions...

Tom K.

Are You a Victim of Investment Fraud?

  1. 1 Free Confidential Consultation
  2. 2 Available 24/7
  3. 3 20+ Years of Experience
Fill out the contact form or call us at (616) 280-4303 to schedule your free confidential consultation.

Leave Us a Message