AIG harmed investors are to get over $843 million

According to the Reutes report, the U.S. Securities and Exchange Commission stated on Tuesday federal court approved the distribution of more than $843 million to the AIG harmed investors. 

So, supposedly more than 257,000 AIG investors affected by an accounting fraud at the company will get checks soon. 

Previously, in 2007, SEC was authorized by a federal court to establish a 'fair fund' to distribute the money to harmed AIG investors.

The SEC's office of collections and distributions director, Dick D'Anna stated "The commission continues to utilize the tools that Congress provided to ensure that funds are returned to harmed investors to the greatest extent possible."