Company name American Express Company
Stock symbol AXP
Status Under Investigation

NEW YORK, July 31, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against American Express Company (NYSE: AXP).  Our investigation concerns whether American Express and certain of its officers and/or directors have violated federal securities laws, specifically in connection with potential misconduct within its foreign-exchange international payments department.

On July 30, 2018, The Wall Street Journal published an article entitled “American Express Gave Small Businesses One Rate, Then Secretly Raised It.”  Citing “current and former employees and emails,” the article reported that American Express’ “foreign-exchange international payments department routinely increased conversion rates without notifying customers in a bid to boost revenue and employee commissions” and that “[t]he practice, widespread within the forex department, was occurring until early this year and dates back to at least 2004.”

If you purchased or otherwise acquired American Express shares and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

First name*

Last name*

City, state, ZIP code

Email address*

Daytime phone

Evening phone

Purchase Date

No. of Shares

Purchase Price

Purchase Date

No. of Shares

Purchase Price

Join action?
YesNo


Call to provide more information: Tel: (212) 308-4648

Please list below any additional transactions in this security:

Additional comments

The submission of this form does not create an attorney-client relationship, nor any obligation on the part of Bragar Eagel & Squire, P.C., or you to file a legal action. Any information you submit will be maintained as confidential. If Bragar Eagel & Squire, P.C., in its sole discretion, believes that you might be an appropriate class representative, Bragar Eagel & Squire, P.C., will contact you to discuss the matter and to determine whether to establish an attorney client relationship.