Alliance Fair Fund Settlement

Welcome to the Alliance Fair Fund Website

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 approved a plan to distribute the Alliance Fair Fund.

The Alliance Fair Fund was 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 pursuant to the Final Plan of Distribution approved on May 15, 2008 was mailed on June 14, 2011. All disputes or inquiries regarding those payments or requests for a reissue of a payment must have been postmarked on or before September 29, 2011. Disputes or inquiries or reissue requests postmarked after September 29, 2011 regarding those payments will not be considered.

On March 12, 2014, payments were reissued to certain account holders as defined in the Enhanced Measures described in the Order Amending the Plan of Distribution dated January 9, 2014. All reissue requests relating to payments mailed in 2014 must be postmarked on or before June 10, 2014. Disputes or inquiries regarding those payments issued in 2014 must be postmarked on or before June 10, 2014. Checks issued prior to 2014 can no longer be cashed or reissued.

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 Tir>me.