Investors in American Electric Power Eligible for $19 Million Fair Fund

The fund stems from a 2025 regulatory order where the SEC found that the utility company failed to disclose material related-party transactions involving Empowering Ohio’s Economy, Inc. Investigators determined that the firm maintained inadequate internal accounting controls and provided inaccurate financial reporting in its 2019 Form 10-K. To resolve these findings, the company agreed to pay a $19 million civil penalty, which the commission has since designated for distribution to affected shareholders.

Claimants must submit their forms by the November 23, 2026, deadline to be considered for a payout. Eligibility is restricted to those whose calculated losses meet specific criteria, and the process explicitly excludes company insiders, directors, and entities with controlling interests in the utility. The fund administrator, Epiq Class Action & Claims Solutions, will oversee the validation of claims and notify participants of their status by early 2027.