Easterly ROCMuni High Income Fund Attorneys

For Easterly ROCMuni High Income Fund Investors, The Time To Explore Your Legal Options Is Now. Contact the Easterly ROCMuni High Income Fund attorneys of Shepherd Smith Edwards and Kantas Today For A Free Case Consultation

Less than three months after the June 2025 fire sale that led to the demise of Easterly ROCMuni High Income Fund (RMJAX, RMHIX, and RMVHX), investors are still trying to figure out what happened to their money. Many are claiming they were never fully apprised of the risks. They are alleging that they were misled to believe this was a low-risk municipal bond fund, when, in fact, it was more of a risky, illiquid junk bond fund. With Easterly ROCMuni Fund’s share price now at less than $3/share, it is time that investors explore their legal options.

Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing Easterly ROCMuni Fund investors in pursuing their portfolio losses from the broker-dealers that unsuitably marketed and sold this alternative investment. From more than $300M in assets in October 2024, while trading at about $7.35/share, to less than $25M in assets in June. The Easterly Fund lost many millions of dollars in just a few days.

The Easterly ROCMuni Fund was purportedly mostly invested in tax-exempt debt securities and illiquid bonds lacking much of, if any, financial history. Most of its investments were junk-rated or below investment grade. All the brokerage firms needed to do was thoroughly investigate the Easterly Fund, and red flags likely would have been identified. Now, there are investors who have suffered devastating losses.

Representing Easterly ROCMuni Investors Against Stifel and Other Broker-Dealers

Already, Shepherd Smith Edwards and Kantas is representing a number of Easterly ROCMuni investors because their financial advisors unsuitably represented the Easterly Fund, made misrepresentations and omissions, failed to conduct the proper due diligence, or were negligent or acted fraudulently in some other way.

We have filed a number of Easterly ROCMuni High Income Fund investors against Osaic Wealth, Stifel, Nicolaus, & Co., and other brokerage firms. These broker-dealers earned high commissions and fees from marketing and selling this illiquid investment to customers, a number of whom lacked the risk tolerance level or investing experience for this type of junk bond.

It is highly beneficial if you are an Easterly Fund investor and you have grounds for an investment loss recovery claim against a broker-dealer, that you work with a securities law firm already handling claims involving this investment. All of our Easterly ROCMuni Fund cases are represented by every securities attorney at our firm. When you work with us, trust that you will receive personalized attention and quality securities representation.

Call (800) 259-9010 or fill out this contact form to schedule your case assessment with one of our trusted Easterly ROCMuni High Income Fund attorneys.