This website provides information on a fund set up as a part of settlement agreements
between AllianceBernstein L.P., the United States Securities and Exchange Commission
(SEC), and the Attorney General of the State of New York. At the time of the settlements,
Alliance was named Alliance Capital Management L.P.
The settlements resolve claims related to market timing in mutual funds. To settle
these claims, Alliance paid $250 million into a fund set up by the SEC. The fund
is known as the Alliance Fair Fund. The Alliance Fair Fund also includes approximately
$71 million from other settlements. The SEC has approved a plan to distribute the
Alliance Fair Fund.
The Alliance Fair Fund will be distributed to account holders who, between January
2001 and September 2003:
- Held shares in certain mutual funds in which market timing took place, and
- Lost $10 or more in any one of these funds because of market timing activity.
PLEASE NOTE: The final distribution of checks from the Fair Fund was mailed on June
14, 2011. All disputes or inquiries regarding those payments must be postmarked
on or before September 29, 2011. Disputes or inquiries postmarked after September
29, 2011 will not be considered. All reissue requests must be postmarked on or before
December 10, 2011. Reissue requests postmarked after December 10, 2011 will not
Please click on the links on the side of this page for more information. If you
still have questions, you may call the Fund Administrator at (888) 222-8536,
Monday through Friday, from 9:00 a.m. to 7:00 p.m. Eastern Time.