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5 Important Facts for Easterly Fund Investors

October 17, 2025 Blog

With the price of shares in the Easterly ROCMuni High Income Municipal Bond Fund (RMHIX) (the “Easterly Fund”) remaining at less than $3 per share, we are continuing to hear from investors who have questions about their legal options. As we have previously discussed, while the Easterly Fund was promoted as a relatively safe way to invest in municipal bonds, the reality is that it was a speculative, high-risk “junk bond” fund that was not suitable for retail investors.

What Easterly Fund Investors Need to Know About Their Legal Rights

Did you lose money investing in the Easterly Fund? If so, here are five important facts you need to know about your legal rights:

1. Easterly Fund Investors Are Currently Taking Legal Action

Easterly Fund investors are currently taking legal action. We are actively working with investors to help them seek compensation. Given the current status of the Easterly Fund, this is likely to be the only option for investors to recover their fraudulent investment losses.

2. Easterly Fund Claims Focus on Inadequate and Misleading Disclosures

In our ongoing Easterly Fund fraud cases, we are focusing on allegations related to inadequate and misleading disclosures. Funds and brokerage firms are legally required to provide investors with the information they need in order to make informed investment decisions. Our investigations to date have uncovered evidence that suggests this is not what happened.

3. The Easterly Fund is Not What It was Purported to Be

A central issue with the disclosures surrounding the Easterly Fund is that the fund is not what it was purported to be. Based on communications with investors, it was promoted as a safe, stable, and long-term investment option for those approaching or already in their retirement years. In reality, however, the Easterly Fund was extremely risky and not at all suited to investors in this category.

4. Clients Are Seeking to Hold Osaic Wealth and Stifel Nicolaus & Co. Accountable

Osaic Wealth and Stifel Nicolaus & Co. promoted the Easterly Fund to many of their clients, and it appears that they may have done so inappropriately. If you invested in the Easterly Fund through Osaic Wealth or Stifel Nicolaus & Co., an investment fraud lawyer at our firm can explain everything you need to know.

5. Investors Can Hire an Investment Fraud Lawyer at No Out-of-Pocket Cost

Hiring an investment fraud lawyer to represent you costs nothing out of pocket in this scenario. Our lawyers can assess your legal rights in a free and confidential consultation, and if you have grounds to pursue an investment fraud claim related to your Easterly Fund losses, we can handle your claim at no out-of-pocket cost to you.

Schedule a Free Consultation About Your Easterly Fund Fraud Claim Today

If you would like to learn more about recovering your investment losses from the Easterly Fund crash, we strongly encourage you to get in touch. To schedule a free consultation with an experienced lawyer at Zamansky LLC, please call 212-742-1414 or contact us online today.

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