Articles Tagged with Easterly ROCMuni Fund Lawsuit

Western Kentucky Investor Sues Stifel, Nicolaus & Co. Over Easterly ROCMuni High Income Fund Losses. Our Bond Fund Loss Lawyers Are Representing This Claimant in His Six-Figure FINRA Lawsuit 

Shepherd Smith Edwards and Kantas (investorlawyers.com) is representing yet another Easterly ROCMuni High Income Fund (RMJAX, RMHIX, and RMVHX) investor who worked with Stifel, Nicolaus & Co. broker Adam Michael Chustz. This Western Kentucky investor is now suing Stifel for up to $500K in damages.

This FINRA lawsuit against the broker-dealer revolves around allegations that Chustz unsuitably concentrated this Claimant’s account with the Easterly ROCMuni Fund. This is a highly speculative fund that lost more than half of its value in a few days during a June 2025 fire sale.