American Electric Power SEC Fair Fund for AEP investors

The SEC is distributing a $19,000,000 Fair Fund to investors who bought or acquired American Electric Power common stock (AEP) between January 1, 2018 and June 7, 2021, the period covered by the Commission's order over the company's funding of, and statements about, Empowering Ohio's Economy. Claim forms must be postmarked, or submitted on the Fair Fund site, by November 23, 2026, and the plan asks for broker records of what you bought and sold in that window — so if you held AEP shares then, you may be eligible. Payments are calculated from documented losses and are scaled down pro rata if the fund cannot cover every loss, with nothing paid where a share works out below $20. Epiq administers the fund and filing on the official site is free.

Official claim page Official notice

When the money moves

What the official materials say about the payment schedule for this settlement, and what the administrator has published since. Every figure below is linked to the page it was read from.

Status: Payments have not started

Expected

The approved plan names no payment date. Epiq reviews claims after the November 23, 2026 bar date, sends each claimant a determination notice within 150 days of it, and pays only once the Commission orders the fund disbursed.

Read off the official notice, in its own words. These dates slip — an appeal can move a distribution by a year or more — so treat it as the administrator's plan rather than a schedule.

Source: the official notice ↗

Facts from the official materials

Status: Open
Type: Class-action settlement
Category: Banking and finance
Defendant / company: American Electric Power Company, Inc.
Administrator: Epiq Class Action and Claims Solutions, Inc. (American Electric Power Company Fair Fund)
Claim deadline: November 23, 2026
Eligibility period: January 1, 2018 – June 7, 2021
States: See official notice (often nationwide)
Proof: Account or service history may be required
Possible amount: Documented losses, from a $19M fund
Source confidence: medium
Last verified: October 13, 2026

Covered products and services

American Electric Power common stock (AEP)

In the Matter of American Electric Power Company, Inc. · Admin. Proc. File No. 3-22425 · U.S. Securities and Exchange Commission (administrative proceeding)

Each valid claim is paid against a recognized loss worked out under the plan of allocation, and every claim is scaled down pro rata if the recognized losses add up to more than the fund. The plan pays nothing where a share calculates below $20.00, and reallocates that money to larger claims. Every figure here is an estimate rather than a promise, and filing on the official Fair Fund site costs nothing.

Eligibility questions

These questions help you decide whether to read the official notice. They are not a legal determination.

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