The Schwartz Law Firm Continues to Investigate Carlos Cortez and Cortez Wealth Advisors, LLC Related to Sales of BCCOMM

If you have lost your money with Carlos Cortez (CRD # 5378014) and/or Cortez Wealth Advisors, LLC (CRD # 285131) related to investments in Bullet Capital & Contract Occurrence Management Merchants (“BCCOMM”), you may be able to recover your losses. The Schwartz Law Firm continues to investigate claims against Carlos Cortez for his recommendations for clients to invest in BCCOMM. We understand that Cortez directed clients to BCCOMM without completing sufficient due diligence on the investment, and received undisclosed commissions from BCCOMM. As of September 1, 2020, BCCOMM was under investigation by the Commodity Futures Trading Commission (“CFTC”) for violation of Section 6(c)(1) of the Commodity Exchange Act, 7 U.S.C. § 9(1), and Commission Regulation 180.1(a), 17 C.F.R. § 180.1(a). In its Complaint against BCCOMM, the CFTC alleges, among other things, that BCCOMM, “intentionally or recklessly made false or misleading statements regarding being regulated by the NFA.” It is our understanding Cortez and/or Cortez Wealth Advisors, LLC never advised his clients of the CFTC investigation and its lack of due diligence on BCCOMM prior to making recommendations to clients to invest in BCCOMM. If you believe you have a claim related to losses in BCCOMM, it is important to take action now before the limitations period prevents you from attempting to recover your loss. A statute of limitations is a law that sets the maximum amount of time that parties involved in a dispute have to initiate legal proceedings. If you fail to file before the limitations period runs, you may not be able to seek recovery.

Recovering Money Lost by Cortez Wealth Advisors, LLC

If you suffered losses related to investments in BCCOMM, we would like to hear from you. Contact us to discuss your legal rights and options to recover losses. The Schwartz Law Firm represents investors in claims against third parties, including financial advisors. If you have questions about your potential claim, please contact us at 866-618-0545 or email Matthew Schwartz directly at mschwartz@tslfirm.com.