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For Easterly ROCMuni High Income Fund Investors, The Time To Explore Your Legal Options Is Now.
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.