---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-25-000005"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2025-01-16T23:59:59+00:00"
generated_at: "2026-05-28T00:32:16.127580+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# American Express to pay ~$230M to resolve DOJ, Fed probes into small-business sales practices

## Summary
- Payments of ~$230M to resolve DOJ and Federal Reserve investigations into historical sales practices for certain U.S. small business customers.
- Company says costs largely reserved in prior periods; does not impact 2024 guidance previously provided.
- Agreement in principle with Fed staff; formal resolution expected in coming weeks.
- Company discontinued certain products by 2021 or earlier and took disciplinary, organizational, and compliance actions.

## SEC filing metadata
- accession: 0000004962-25-000005
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2025-01-16T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4962/000000496225000005/0000004962-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496225000005/axp-20250116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-25-000005
- JSON: https://secwatch.observer/filing/0000004962-25-000005.json
- Plain text: https://secwatch.observer/filing/0000004962-25-000005.txt

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