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Easterly RocMuni Fund Investor Securities Class Action

Easterly Funds Trust · Easterly RocMuni High Income Municipal Bond Fund · Ongoing Litigation

About this case

Investors allege that Easterly RocMuni High Income Municipal Bond Fund disclosures understated the fund’s illiquid investments and exposure to distressed securities during a period ending June 12, 2025. The consolidated class action is ongoing after the court denied a motion to dismiss those claims, dismissed other claims and certain defendants, and set deadlines for the defendants to respond to the amended complaint.

Case overview

Defendant company
Easterly Funds Trust
Product or service
Easterly RocMuni High Income Municipal Bond Fund
Court case number
25-cv-6028 (DLC)
Case status
Ongoing Litigation
Lawsuit type
Securities
Reported harm
Misrepresentation

Participation information

No active participation options are currently listed.

Sources