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AEP says it's surprised by lawsuit

American Electric Power says it is surprised a federal agency filed a lawsuit against the company alledging the utility manipulated natural gas prices to make millions of dollars.

In a statement AEP says it is cooperating with the Commodity Futures Trading Comission and hopes to reach a settlement.

Last year, AEP fired five employees who the company says submitted innacurate gas trading information to trade publications. AEP says it has no indication that any current employees were involved in the activities.

Mike Thompson spends much of his time correcting people who mispronounce the name of his hometown – Worcester, Massachusetts. Mike studied broadcast journalism at Syracuse University when he was not running in circles – as a distance runner on the SU track team.