Shepherd Smith Edwards and Kantas Easterly ROCMuni Fund Lawyers are Representing Investors Against Broker-Dealers That Sold This Risky Junk Bond
If you are someone who suffered serious losses in the wake of the Easterly ROCMuni High Income Fund (RMJAX, RMHIX, and RMHVX) fire sale in June 2025, you will want to reach out to Shepherd Smith Edwards and Kantas (investorlawyers.com) today. We are representing Easterly ROCMuni Fund investors against broker-dealers, including Stifel, Nicolaus & Co., Osaic Wealth, and other firms.
The Easterly Fund had been losing money for almost a year when a fire sale in June 2025 caused it to lose many millions of dollars in just a few days. Last year, Easterly ROCMuni Fund had $300M in assets. Now it has less than $25M. Its share price is less than $3/share.
Not only that, but a lot of the securities held in the fund are under investment grade, junk-rated, or unrated. At least 80% of the Easterly Fund’s net assets are reportedly tax-exempt securities. It appears that the Fund was misrepresented when it was promoted as a municipal fund. This is a junk bond fund.
Easterly ROCMuni High Income Fund investors are reporting serious losses in the six- and seven-figures. They contend that their brokers compelled them to think this was a safe, low-risk investment rather than the high-risk proposition it has since proven to be. It was certainly an unsuitable investment recommendation for many of the Easterly Fund investors we are representing.
What Should You Do If Your Broker Sold You The Easterly Fund?
Schedule your free case assessment with our Shepherd Smith Edwards and Kantas Easterly ROCMuni Fund Lawyers. We can let you know whether you have grounds for an investment loss recovery claim against your broker-dealer. Already, we are finding that many Easterly ROCMuni investors may have been the victims of unsuitability, misrepresentations, due diligence failures, negligence, and more. Their financial advisors earned high commissions from the sales, while they were left with significant losses.
If we decide to work together, you will become part of our unit of Easterly ROCMuni recovery lawsuits against your broker-dealer. Trust us when we say it is to your benefit to hire seasoned securities attorneys who are already representing other investors over the same losses as opposed to a lawyer who has no experience with this investment.
We would file your FINRA arbitration case and work hard to maximise your chances for a full recovery. Our Easterly ROCMuni recovery attorneys will make sure that the arbitration panel knows exactly who you are and the toll your investment losses have taken on your finances and life. We offer quality securities representation and personalised attention. We will work with you every step of the way.
Over the decades, our alternative investment law firm has helped thousands of investors to secure the settlement or award owed to them by their broker-dealer or investment adviser. We have the skills, knowledge, and resources to fight for you.
Contact Our Easterly ROCMuni Fund Lawyers
Call (800) 259-9010 or fill out this online form.