Contact the Law Firm of KlaymanToskes for a Free and Confidential Consultation to Discuss Pursuing a Potential Recovery of Your Losses
NEW YORK, NY / ACCESS Newswire / January 23, 2026 / National investment loss and securities law firm KlaymanToskes issues an important notice to investors who suffered losses in the Easterly ROCMuni High Income Municipal Bond Fund (NASDAQ:RMJAX, RMHIX, RMHVX). The law firm urges investors who purchased the fund at the recommendation of a financial advisor or brokerage firm to contact the firm immediately at 888-997-9956.
KlaymanToskes is investigating whether brokerage firms and financial advisors unsuitably recommended the Easterly ROCMuni Fund to investors despite its high-risk profile, lack of liquidity, and heavy concentration in below-investment-grade securities. The Fund experienced a catastrophic collapse in June 2025, losing nearly 50% of its value in a single day, with year-to-date losses approaching 60%, resulting in substantial losses for investors.
According to KlaymanToskes’ investigation, more than 80% of the Fund’s portfolio consisted of securities rated between D and BB+, classifications that fall below investment grade and are commonly referred to as “junk bonds.” The Fund also reportedly held a significant portion of its assets in illiquid private securities, including Rule 144A offerings, making it unsuitable for many retail investors, particularly those seeking conservative investments.
Public reporting indicates that the Fund’s total net assets declined dramatically, falling from more than $230 million as of March 31, 2025, to under $20 million by July 2025, following a forced liquidation of assets that triggered a steep decline in the Fund’s net asset value. Investors were left with little warning before the Fund’s collapse and mass asset sale.
While a class action lawsuit (Case 1:25-cv-06028) has been filed in connection with losses in the Easterly ROCMuni Fund, investors should be aware that class actions can take many years to resolve and often result in limited recoveries. Investors may also have the option to pursue individual FINRA arbitration claims against the brokerage firms that recommended the investment, which may potentially provide an opportunity for greater and additional recovery.
Investors who suffered losses in the Easterly ROCMuni High Income Municipal Bond Fund due to unsuitable recommendations by a financial advisor or brokerage firm, are encouraged to contact attorney Lawrence L. Klayman, Esq.at (888) 997-9956 or by email at investigations@klaymantoskes.com for a free and confidential consultation to discuss potential recovery options.
About KlaymanToskes
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration and litigation on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $600 million in Securities Litigation and FINRA Arbitration matters. KlaymanToskes has office locations in California, Florida, Nebraska, New York, and Puerto Rico.
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Contact
Lawrence L. Klayman, Esq.
KlaymanToskes, PLLC
+1 888-997-9956
investigations@klaymantoskes.com
