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Conseco Fair Fund

Checked October 14, 2026 against the official notice · Edited by Ferhat Abdullahoglu

Investors who held shares in certain variable annuity funds between December 1, 1999, and October 22, 2002, and were harmed by market timing trading, may be eligible for a payment. Payments will vary based on individual proportionate shares of losses, with a minimum payment of $50.

Who qualifies

  • Between December 1, 1999 and October 22, 2002.
  • Products: variable annuity products, Alger American Small Capitalization Fund, American Century VP International Fund, Dreyfus International Value Portfolio, Federated International Equity Fund II, Janus Aspen Series Worldwide Growth Portfolio.
“Investors who held shares in certain affected variable annuity funds (the "Eligible Funds") from December 1, 1999 through October 22, 2002 are eligible to receive a distribution payment if it meets or exceeds the de minimis payment amount of $50 as provided in the Plan of Distribution.”From the court-approved notice

What you can get

Published payment$50
Total settlement fund$15M

These are the amounts the settlement publishes. Shares of a fund depend on how many people file: what pro rata means.

How to file

There's nothing to file: class members are paid automatically once the settlement is final.

Is this settlement legit?

Yes. It's a court-approved class action settlement (case 3-11578), run by Rust Consulting, Inc.. The official site is consecofairfund.com. You never pay to file a claim. How to check a settlement notice.

Related settlements

ClaimWell summarizes the official notice so it's easier to read. It isn't legal advice; the official settlement site is the authority on who qualifies and what each claim pays.