---
schema_version: "secwatch.filing_event.v1"
accession: "0000004904-24-000074"
form_type: "8-K"
ticker: "AEP"
cik: "0000004904"
company_name: "AMERICAN ELECTRIC POWER CO INC"
filed_at: "2024-07-22T23:59:59+00:00"
generated_at: "2026-05-31T18:42:40.835185+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# AEP settles HB6 derivative litigation with $450K fee and governance reforms

## Summary
- Court preliminarily approved settlement on July 10, 2024; final hearing set for October 3, 2024.
- Settlement includes $450,000 for plaintiffs' attorneys' fees and no admission of liability.
- AEP to adopt corporate governance reforms including political engagement oversight and semi-annual reports.
- Reforms to remain in effect for at least five years following the settlement effective date.
- Derivative actions and litigation demand will be dismissed with prejudice upon final approval.

## SEC filing metadata
- accession: 0000004904-24-000074
- form_type: 8-K
- ticker: AEP
- cik: 0000004904
- company_name: AMERICAN ELECTRIC POWER CO INC
- filed_at: 2024-07-22T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4904/000000490424000074/0000004904-24-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4904/000000490424000074/aep-20240722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004904-24-000074
- JSON: https://secwatch.observer/filing/0000004904-24-000074.json
- Plain text: https://secwatch.observer/filing/0000004904-24-000074.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.