INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against American Electric Power Company, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of American Electric Power Company, Inc. (AEP or the Company) (NYSE: AEP ) for violations of the securities laws.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Thursday, July 30, 2020
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Legal, Professional services, Lawsuits, Securities Class Action, Stock market, American Electric Power, Securities regulation in the United States, Financial markets
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California, United States
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Summary
Key Points: 
  • The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of American Electric Power Company, Inc. (AEP or the Company) (NYSE: AEP ) for violations of the securities laws.
  • The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • The Columbus Dispatch reported on July 25, 2020, that AEP made large financial contributions to politicians and organizations supporting HB6s passage.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.


The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of American Electric Power Company, Inc. (“AEP” or “the Company”) (NYSE: AEP) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. FBI agents arrested Ohio House Speaker Larry Householder on July 21, 2020, in connection with an alleged bribery scheme related to Householder's championing of Ohio's House Bill 6 ("HB6"), a state-funded bailout of nuclear plants which would also subsidize coal plants in Ohio and Indiana along with eliminating mandates on renewable energy. The Columbus Dispatch reported on July 25, 2020, that AEP made large financial contributions to politicians and organizations supporting HB6’s passage. Based on this news, shares of AEP fell by 5% in the next trading session.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

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