Investor Alert: Class Action Lawsuit Filed Against Easterly ROCMuni High Income Municipal Bond Fund
A class action lawsuit has been filed against the Easterly ROCMuni High Income Municipal Bond Fund, formerly known as the Principal Street High Income Municipal Fund, for alleged securities law violations. Investors who have experienced substantial losses in the fund are being alerted to a potential opportunity to lead this class action.
The lawsuit, initiated by an investor, claims that the fund and its associated parties made misrepresentations or omissions regarding the fund’s investment strategy and holdings. Specifically, allegations may center on the fund’s management of its portfolio, its adherence to stated investment objectives, and the disclosures made to investors concerning the risks associated with its investments.
This legal action seeks to recover damages for investors who purchased shares in the Easterly ROCMuni High Income Municipal Bond Fund and subsequently suffered financial losses. The court is looking for a lead plaintiff to represent the interests of all affected investors. Individuals who meet certain criteria, including experiencing significant losses, may be eligible to come forward and take on this role.
Attorneys involved in this matter are actively seeking to identify and inform potential class members. Investors who believe they may have been harmed by the fund’s actions are encouraged to seek legal counsel to understand their rights and options. Further details regarding the specific allegations, the timeline of events, and how to participate in or be informed about the class action can typically be obtained through the law firms representing the plaintiffs.
The fund, identified by its ticker symbols RMJAX, RMHVK, and RMHIX, is the subject of this legal proceeding. This development serves as a reminder for investors to remain vigilant and to conduct thorough due diligence on their investments.
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www.prnewswire.com published ‘INVESTOR ALERT: Investor Files Class Action Lawsuit Against Easterly ROCMuni High Income Municipal Bond Fund f/k/a Principal Street High Income Municipal Fund and Attorneys Announces Opportunity for Investors with Substantial Losses to Lead the Easterly ROCMuni Class Action Lawsuit – RMJAX; RMHVK; RMHIX’ at 2025-07-23 21:50. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.