Zamansky LLC Encourages Easterly ROCMuni High Income Municipal Bond Fund (RMHIX) Investors to Come Forward
PR Newswire
NEW YORK, Aug. 1, 2025
Zamansky LLC, an investment fraud law firm representing defrauded investors nationwide, encourages those who have suffered losses from investing in the Easterly ROCMuni High Income Municipal Bond Fund (RMHIX) to come forward. According to the firm's founding attorney, Jake Zamansky, these investors may be entitled to recover their losses through FINRA arbitration.
NEW YORK, Aug. 1, 2025 /PRNewswire/ -- Zamansky LLC, a leading investment fraud law firm in New York, 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, among 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.
A recent investigation conducted by Jake Zamansky, founder of Zamansky LLC, showed that the Easterly Fund has been mentioned in relation to overconcentrating its portfolio in illiquid investments and overstating its performance. The firm's investigation further revealed that these, as well as Easterly's past issues related to artificially inflating the value of its portfolio assets and using flawed pricing methodologies, are concerns 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.
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 Zamansky LLC for a free and confidential consultation.
About Zamansky LLC
Zamansky LLC is a national investment fraud law firm that represents investors in securities litigation and FINRA arbitration. The firm is recognized for its ability to pursue cases against large investment firms on behalf of aggrieved investors and recover their investment losses.
Contact:
Zamansky LLC
50 Broadway - 32nd Floor
New York, NY 10004
Jake Zamansky, 212-742-1414
jake@zamansky.com
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SOURCE Zamansky LLC
