American Express 2015 Annual Report Download - page 59

investment of American Express Retirement Savings Plan (“Plan”) assets in American Express common stock when
American Express common stock was not a prudent investment; misrepresenting and failing to disclose material facts
to Plan participants in connection with the administration of the Plan; and breaching certain fiduciary obligations. The
suit seeks, among other remedies, an unspecified amount of damages. We intend to vigorously defend against these
claims.
U.S. Card Services Matters
In October 2009, a putative class action, captioned Lopez, et al. v. American Express Bank, FSB and American
Express Centurion Bank, was filed in the United States District Court for the Central District of California. The
amended complaint sought to certify a class of California American Express Card Members whose interest rates were
changed from fixed to variable in or around August 2009 or otherwise increased. On August 20, 2014, plaintiffs filed an
amended nationwide complaint and an unopposed motion for preliminary approval of a settlement of the claims
alleged in that complaint. The settlement provides for certain relief to class members, attorneys’ fees and costs of up
to $6 million. The court granted preliminary approval of the settlement on February 3, 2016. The final approval hearing
is scheduled for October 17, 2016.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED
STOCKHOLDER MATTERS AND ISSUER PURCHASES
OF EQUITY SECURITIES
(a) Our common stock trades principally on The New York Stock Exchange under the trading symbol AXP. As of
December 31, 2015, we had 24,704 common shareholders of record. You can find price and dividend information
concerning our common stock in Note 27 to our Consolidated Financial Statements. For information on dividend
restrictions, see “Dividends” under “Supervision and Regulation” and Note 23 to our Consolidated Financial Statements.
You can find information on securities authorized for issuance under our equity compensation plans under the caption
“Item 4 — Approval of American Express Company 2016 Incentive Compensation Plan — Equity Compensation Plans” to
be contained in the Company’s definitive 2016 proxy statement for our Annual Meeting of Shareholders, which is
scheduled to be held on May 2, 2016. The information to be found under such caption is incorporated herein by
reference. Our definitive 2016 proxy statement for our Annual Meeting of Shareholders is expected to be filed with the
SEC in March 2016 (and, in any event, not later than 120 days after the close of our most recently completed fiscal year).
Stock Performance Graph
The information contained in this Stock Performance Graph section shall not be deemed to be “soliciting material”
or “filed” or incorporated by reference in future filings with the SEC, or subject to the liabilities of Section 18 of the
Exchange Act, except to the extent that we specifically incorporate it by reference into a document filed under the
Securities Act or the Exchange Act.
The following graph compares the cumulative total shareholder return on our common shares with the total return
on the S&P 500 Index and the S&P Financial Index for the last five years. It shows the growth of a $100 investment on
December 31, 2010, including the reinvestment of all dividends.
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