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        <title><![CDATA[investment losses GWG - Israels & Neuman, PLC]]></title>
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                <title><![CDATA[Complaints Against RAYMOND LENT of Portsmouth Financial in California]]></title>
                <link>https://www.israelsneuman.com/blog/complaints-raymond-lent-portsmouth-financial-california/</link>
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                <dc:creator><![CDATA[Israels & Neuman, PLC]]></dc:creator>
                <pubDate>Wed, 26 Apr 2023 20:58:58 GMT</pubDate>
                
                    <category><![CDATA[Investment Fraud]]></category>
                
                
                    <category><![CDATA[advisor fraud]]></category>
                
                    <category><![CDATA[investment losses GWG]]></category>
                
                    <category><![CDATA[Raymond Lent in San Rafael California]]></category>
                
                    <category><![CDATA[Raymond Lent Portsmouth Financial]]></category>
                
                
                
                <description><![CDATA[<p>Raymond Lent, with Portsmouth Financial Services, Subject of GWG Complaints SAN RAFAEL, CALIFORNIA Did you purchase GWG L bonds from advisor Raymond Lent from San Rafael, California? Our securities arbitration law firm is looking into allegations made against Raymond Lent, who has been affiliated with Portsmouth Financial Services since 2010. Portsmouth Financial Services has been&hellip;</p>
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<h1 class="wp-block-heading" id="h-raymond-lent-with-portsmouth-financial-services-subject-of-gwg-complaints"><strong>Raymond Lent, with Portsmouth Financial Services, Subject of GWG Complaints</strong></h1>



<p>
<strong>SAN RAFAEL, CALIFORNIA</strong></p>



<p>Did you purchase GWG L bonds from advisor Raymond Lent from San Rafael, California? Our securities arbitration law firm is looking into allegations made against Raymond Lent, who has been affiliated with Portsmouth Financial Services since 2010.</p>



<p>Portsmouth Financial Services has been named in four customer complaints related to Raymond Lent since February 2023.  Each of the customers complained about unsuitable investments in GWG L Bonds.  When <a href="https://www.donlinrecano.com/Clients/gwg/Index" rel="noopener noreferrer" target="_blank">GWG Holdings</a> bankruptcy filed for bankruptcy in April 2022, investors will likely have suffered significant losses in their GWG investments.  <a href="/practice-areas/advisor-negligence-and-fraud/unsuitable-investments-and-reg-bi/" rel="noopener" target="_blank">Unsuitable recommendations</a> to invest in GWG L bonds to customers could lead to liability for Portsmouth Financial Services and Lent for any investor losses.</p>



<p>Raymond Lent has worked in a Portsmouth Financial Services office in San Rafael, California.  He had been with numerous other brokerage firms since 1976.  He was also the subject of an <a href="http://www.sec.gov/" rel="noopener noreferrer" target="_blank">SEC</a> <a href="https://www.sec.gov/litigation/admin/2019/ia-5194.pdf" rel="noopener noreferrer" target="_blank">action</a> in 2019, alleging that he caused his clients to incur unnecessary charges related to mutual funds.  Lent also runs the Putney Financial Group in San Rafael.</p>



<p>Israels & Neuman is currently representing multiple investors who lost money in GWG L bonds.  Our investment fraud law firm represents investors throughout the country, including investors in California.</p>



<p>View Lent, r BrokerCheck 4.25.23</p>



<p>View <a href="/static/2025/03/Lent-Raymond-SEC-Order.pdf" target="_blank" rel="noreferrer noopener">Lent, r SEC Order</a></p>



<h2 class="wp-block-heading" id="h-if-you-lost-money-with-raymond-lent-portsmouth-financial-services-or-gwg-please-contact-us-at-206-795-5798-for-a-free-evaluation-of-your-case"><strong>If you lost money with Raymond Lent, Portsmouth Financial Services, or GWG, please <a href="/contact-us/" rel="noopener" target="_blank">Contact Us</a> at 206-795-5798 for a free evaluation of your case.</strong></h2>
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