American Electric Power Inc. (AEP)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of American Electric Power, Inc. ("AEP" or the "Company") (NYSE: AEP). The investigation concerns whether AEP and certain of its officers and/or directors have violated federal securities laws.
On July 21, 2020, Federal Bureau of Investigation agents arrested Ohio House Speaker Larry Householder in connection with an alleged illegal scheme involving bribery in return for Householder’s championing of Ohio’s House Bill 6 (“HB6”), a state-funded bailout of two nuclear power plants. On July 25, 2020, the Columbus Dispatch reported that AEP, a beneficiary of HB6, made significant financial contributions to politicians and organizations that supported HB6’s passage. On this news, AEP’s stock price fell sharply during intraday trading on July 27, 2020.
If you are aware of any facts relating to this investigation, or purchased AEP shares, you can assist this investigation by contacting the firm. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.