Haselkorn & Thibaut has opened an investigation into financial advisors and broker-dealers recommending the Easterly ROCMuni High Income Municipal Bond Fund to retail clients. Investors across the United States have experienced substantial losses after holding this fund, prompting serious questions about the suitability and disclosure standards followed by investment professionals. If you have suffered losses, this report will guide you through what is known, potential red flags, what you can do next, and how to pursue recovery options through an experienced legal team.
Overview: Investor Alerts on the Easterly ROCMuni High Income Municipal Bond Fund
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Many individual investors who purchased the Easterly ROCMuni High Income Municipal Bond Fund did so expecting stability, income, and preservation of capital. Municipal bond funds are typically associated with lower risk, but this specific fund suffered an approximate 69% decline in value within a single year. This sudden drop comes as a shock—especially for those who were advised that this investment was a “safe,” income-producing product.
Haselkorn & Thibaut (investmentfraudlawyers.com), a national securities fraud law firm, is actively reviewing these cases and helping investors determine whether improper recommendations or failure to disclose important information may entitle them to compensation.
Did Your Financial Advisor or Broker-Dealer Put Your Interests First?
Financial professionals are required to place their clients’ interests first—this includes both the fiduciary duty for investment advisors and the Regulation Best Interest (Reg BI) standard for broker-dealers. These obligations mean that any recommendation should be based squarely on your risk tolerance, financial goals, age, experience, and income needs.
Key Questions to Consider:
- Did your advisor recommend this municipal bond fund for its safety or income, or as a conservative holding?
- Were you told about the risk of “junk bond” exposure within the fund’s portfolio?
- Did your broker disclose potential conflicts of interest or higher commission incentives?
Potential Red Flags: What Investors Should Watch For
While no specific advisor name or firm is cited in connection with the losses on the Easterly ROCMuni High Income Municipal Bond Fund, there are common warning signs shared by many investors:
- Promises of Safety Not Matched by the Fund’s Holdings
- Lack of Disclosure Regarding High-Yield (“Junk”) Bonds
- No Discussion of Volatility or Downside Risk
- Misalignment with Your Risk Tolerance or Income Needs
- Not Receiving Trade Confirmations or Clear Explanations on Account Statements
These red flags are crucial, as suitability rules (and Reg BI’s “care obligation”) require all recommendations to align with your unique profile as an investor.
Understanding Complaints and Regulator Actions
While the recent alerts do not list individual advisors or broker-dealers by name, there are important steps you can take to check your own financial professionals for history of complaints, lawsuits, or regulatory actions.
Summary Table
| Field | Extracted Value |
|---|---|
| Advisor Name | Not provided |
| Advisor’s CRM | Not provided |
| Broker-Dealer | Not provided |
If you suspect your advisor or brokerage involved in recommending this fund, it’s vital to identify them via your account statements, trade confirmations, or by contacting your investment custodian. Once you have their information, you can run a quick check using FINRA BrokerCheck to see if your advisor or firm has any history of client complaints, regulatory actions, arbitration, or settlements.
How to Find Complaints on Your Financial Advisor or Brokerage:
- Obtain your account statements or trade confirmations to identify your specific advisor and broker-dealer.
- Run the names through BrokerCheck for details on customer disputes, disciplinary actions, and past lawsuits.
- If unsure, call your account custodian (like Pershing, Fidelity, Schwab) for clarification and the CRD (registration) number.
- Document any contact, advice received, and what you were told about the Easterly ROCMuni High Income Municipal Bond Fund.
What You Need to Know About the Easterly ROCMuni High Income Municipal Bond Fund
The fund sponsor, Easterly, designed this municipal bond fund to deliver tax-exempt income for investors. However, the extreme losses experienced in mid-2025 indicate a heavy allocation to high-yield, lower-rated (“junk”) municipal bonds—a risky subset often inappropriate for investors seeking steady income or capital preservation.
Key Takeaways for Investors:
- Not all municipal bond funds carry the same level of risk. Some, like Easterly ROCMuni, pursue higher yields by taking on riskier debt, which is unsuitable for conservative investors.
- Advisors must fully disclose any risks and potential conflicts of interest.
- Investment losses alone do not always indicate wrongdoing, but misrepresentation, omission, or unsuitable recommendations can give rise to a valid claim for damages.
Next Steps for Concerned Investors
If you believe your advisor or broker-dealer failed to act in your best interest, or if you feel you were misled about the risks of the Easterly ROCMuni High Income Municipal Bond Fund, you may be entitled to file a complaint or claim for damages.
- Gather your investment paperwork and correspondence with your financial advisor.
- Identify your broker-dealer and advisor for background research (as above).
- Contact a law firm focusing on securities and investment losses for a review.
Your Recovery Options with Haselkorn & Thibaut
Haselkorn & Thibaut stands ready to help you review your case. With over 50 years of experience, a national reach, and a 98% success rate, the firm has recovered millions for investors—on a no recovery, no fee basis.
Contact Haselkorn & Thibaut Today
If you or a loved one suffered losses related to the Easterly ROCMuni High Income Municipal Bond Fund, get a free and confidential consultation with Haselkorn & Thibaut. The sooner you act, the stronger your options—and many claims are subject to strict time limits.
Call 1-888-885-7162 for your free case evaluation and join other investors seeking answers and potential compensation.
