Every dollar amount and date on this page is quoted from the official settlement document.
Ameriprise Financial, Inc. (formerly American Express Financial Corporation)
Court case: In the Matter of American Express Financial Corporation (now known as Ameriprise Financial, Inc.)
Former Countrywide Financial executives settled SEC fraud charges over misleading investors during the subprime mortgage crisis. If you held Countrywide stock between March 2005 and April 2008, a Fair Fund was set up to pay back harmed investors.
Official eligibility wordingInvestors who held shares in specified AXP Funds between January 1, 2002 and September 30, 2003 and suffered losses from market-timing activities. Checked against the official settlement source by SettleSignal on June 19, 2026.
Key facts
- Who may qualify You may qualify if you bought or otherwise acquired Countrywide Financial common stock (CUSIP 222372104) at any point during the eligible class period.
- Estimated payoutFair Fund (disgorgement $10M + civil penalty $5M) plus accumulated interest; $10,726,900.91 transferred to escrow for distribution
- What you needProof of stock ownership during the class period was required — brokerage statements or transaction records showing you held Countrywide shares (CUSIP 222372104) between March 1, 2005 and April 24, 2008.
- CourtSecurities and Exchange Commission (Administrative Proceeding)
How hard is this claim to file?
Watch out for
- No claims procedure was implemented, so there is no form to file — do not be misled by third-party services claiming to file on your behalf for a fee.
- Eligibility is determined solely from existing shareholder records; if your holdings were not properly recorded during the qualifying period you may not be identified automatically.
- The disbursement order and escrow transfer have already been executed, meaning the distribution window may be closed or nearly complete.
We prepare — you file on the official site yourself. This is not legal advice and is not an eligibility decision; the administrator and court decide.
Verify it yourself
How we verified this record
- Payout details
- Eligibility
- Administrator
- Court case
- Payment status
- 3 fields queued for re-check
2 official sources linked to this record.
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Eligibility summary Quoted in the official eligibility wording above ↑
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Payment status
Distribution complete
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Estimated payout
Fair Fund (disgorgement $10M + civil penalty $5M) plus accumulated interest; $10,726,900.91 transferred to escrow for distribution
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Administrator
Rust Consulting, Inc.
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Court
Securities and Exchange Commission (Administrative Proceeding)
Show all 6 more verified fields
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Automatic refund
Yes — automatic, no claim needed
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Class period start
January 1, 2002
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Class period end
September 30, 2003
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Court case number
3-12114
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No-claim explanation
Distributions managed through Fund Administrator using obtained shareholder records; no claim submission required
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Case name
In the Matter of American Express Financial Corporation (now known as Ameriprise Financial, Inc.)
Where to act
No claim form is needed — Rust Consulting, Inc. issues this refund automatically; confirm your eligibility and contact details on the official source.
No claim needed — payment is automatic
If you qualify, the settlement pays you automatically. There's nothing to file — just keep an eye on your mail or account around the payment date.
