NOTICE TO EASTERLY ROCMUNI INVESTORS: Altamirano PLLC Alerts Investors to FINRA Arbitration Options Following Federal Court Ruling
NEW YORK, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Altamirano PLLC, a securities arbitration law firm representing investors
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NEW YORK, Aug. 25, 2026 (GLOBE NEWSWIRE) — Altamirano PLLC, a securities arbitration law firm representing investors nationwide, is alerting investors who suffered losses in the Easterly ROCMuni High Income Municipal Bond Fund (RMHIX, RMJAX, RMHVX) about their options to pursue recovery following last week’s ruling in the pending Easterly ROCMuni securities class action.
On August 17, 2026, the Court found that the complaint plausibly alleged that statements that the Fund would not hold more than 15% of its net assets in illiquid investments may have been false or misleading. Accordingly, the Court allowed certain Securities Act claims concerning the Fund’s alleged exposure to illiquid investments and understatement of its exposure to distressed assets to proceed.
Altamirano PLLC urges investors who suffered losses to contact the firm to review their individual recovery options through FINRA arbitration against the brokerage firms and financial advisors that recommended the Fund.
FINRA Arbitration Provides a Separate Avenue for Investors
The pending class action focuses primarily on disclosures made by the Fund and other defendants in registration statements, prospectuses, and other securities filings.
Altamirano PLLC currently represents Easterly ROCMuni investors in FINRA arbitration (FINRA Case No. 26-00931).
Participation in the pending class action relating to investments in the Easterly ROCMuni High Income Municipal Bond Fund does not necessarily prevent investors from separately seeking recovery of their individual losses against brokerage firms and financial advisors through FINRA arbitration.
The Fund’s primary objective was to generate tax-exempt income by investing at least 80% of its net assets in municipal securities. Given the allegations concerning representations about the Fund’s illiquid holdings and distressed assets, investors in the Easterly ROCMuni High Income Municipal Bond Fund, formerly known as the Principal Street High Income Municipal Bond Fund, should preserve account statements, trade confirmations, investment proposals, emails and text messages with their financial advisors, risk-profile documents, and any materials concerning the purchase, holding, or sale of the Fund.
Contact Altamirano PLLC
Altamirano PLLC represents investors nationwide in FINRA arbitration claims involving Easterly ROCMuni and other complex investment products.
Investors who purchased Easterly ROCMuni (RMJAX, RMHIX, or RMHVX) through a brokerage firm or financial advisor and suffered losses are encouraged to contact securities lawyer Jorge Altamirano for a free and confidential case evaluation. For more information, visit Altamirano PLLC’s Easterly ROCMuni Fund investigation page and call the firm at (212) 220-6556 or by email at jorge@altlawfirm.com to discuss investment loss recovery options.
Jorge Altamirano
Principal
Altamirano PLLC
One World Trade Center
85th Floor, Suite 51
New York, NY 10007
(212) 220-6556
jorge@altlawfirm.com
