Junk Bond Fraud Lawyers

Shepherd Smith Edwards and Kantas is representing investors who suffered significant losses after the Easterly ROCMuni High Income Municipal Bond Fund’s value plummeted during a 2025 fire sale. The firm is filing FINRA arbitration claims against broker-dealers like Stifel and Osaic, alleging they unsuitably recommended the high-risk fund while misrepresenting it as a safe municipal investment.

Our Junk Bond Fraud Lawyers Are Representing Easterly Fund Investors Against Brokerage Firms

If you are an investor who is wondering how you can recover your portfolio losses, contact Shepherd Smith Edwards and Kantas Junk Bond Fraud Lawyers (investorlawyers.com) today. We have filed a number of investment loss recovery cases after this high-risk junk bond fund, often misrepresented as a municipal junk bond, saw its value plunge by many millions of dollars last year.

Why Are Easterly ROCMuni Fund Investors Scrambling To Get Their Money Back?

In June 2025, there was a fire sale that caused the Easterly ROCMuni Bond Fund to lose almost half its value. Losses are estimated to be somewhere between $50M to $100M. The Easterly Fund, which had more than $230M in net assets at the end of March 2025, saw that go down to less than $17M by early July. The fire sale saw the Fund’s NAV drop $6.35/share to $3.00/share in under three weeks. At the moment, its share price is around $2.25.

While there has been a class action lawsuit filed on behalf of Easterly ROCMuni Fund investors, that could take years to conclude, and the full recovery of losses is unlikely. However, what investors can do is determine whether they have grounds for suing their broker for unsuitably recommending the Easterly Fund and not fully apprising them of the risks involved.

How Can Our Easterly ROCMuni Fund Investment Loss Recovery Attorneys Help?

Shepherd Smith Edwards and Kantas can help you assess whether broker misconduct or negligence contributed to your Easterly Fund losses. Already, we have filed investor lawsuits against Stifel, Osaic, and other brokerage firms over unsuitable investment recommendations, misrepresentations and omissions of the risks, breach of fiduciary duty, breach of contract, excessive concentration, negligence, gross negligence, a failure to supervise, and more.
If we determine that you have grounds for an investor lawsuit, and we decide to work together, our junk bond fraud lawyers would thoroughly investigate your losses, prepare your claim that we would file in FINRA arbitration, which is where disputes between brokers and their customers are made.

Why Hire Our Easterly ROCMuni High Income Fund Lawyers?

Our securities law firm is well-versed in why this investment failed and the reasons that brokerage firms should be held liable. We are even representing investors whose broker had a chance to pull them out before the fire sale hit a crisis point, but they did not act in time. The losses for many Easterly ROCMuni investors are substantial, including investment losses in the six- and seven-figures.

At Shepherd Smith Edwards and Kantas, we take the time to get to know you and your claim to ensure that we can provide you with quality securities representation and personalized attention that are customized to your case and your needs. When you hire us, know that you are retaining seasoned securities attorneys with decades of experience securing awards and settlements for inventors.

Call our Junk Bond Fraud Lawyers at (800) 259-9010 or contact us online to schedule your free case consultation.