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Zamansky LLC Encourages Easterly ROCMuni High Income Municipal Bond Fund (RMHIX) Investors to Come Forward

August 1, 2025 Active Cases & Investigations

Zamansky LLC is evaluating potential claims against brokers that promoted the Easterly ROCMuni High Income Municipal Bond Fund (RMHIX), also known as the “Easterly Fund,” to their clients. This includes potential claims against Osaic, Stifel, and others.

From June 12, 2025 to June 24, 2025, the value of the Easterly Fund collapsed from $6.15 per share to $2.93 per share. This collapse came as the Easterly Fund conducted a series of markdowns, bringing its total value from more than $230 million to less than $15 million. Notably, however, this was not the first sign of trouble with the Easterly Fund, and this is among the reasons why Zamansky LLC is encouraging investors–particularly those in Illinois, Kentucky and New York–to consider fraud claims against their brokers.

According to stockbroker fraud lawyer Jake Zamansky, “The Easterly Fund has faced allegations of artificially inflating the value of its portfolio assets and using flawed pricing methodologies in the past. It has also been accused of overconcentrating its portfolio in illiquid investments and overstating its performance.” Zamansky continues, “These are issues of which brokerage firms should have been aware, and they are issues that brokers should have considered when deciding whether to recommend the Easterly Fund to their clients.”

Jake Zamansky also shared his insights in a related article published by Investment News, where he discussed the potential legal exposure brokers may face due to their promotion of the Easterly Fund and the warning signs that were allegedly overlooked.

In light of these issues, Zamansky says that Easterly Fund investors may be entitled to recover their losses through FINRA arbitration. Investors who have questions about their legal rights in light of the collapse of the Easterly Fund are encouraged to contact an investment fraud lawyer at Zamansky LLC for a free and confidential consultation.

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