Federated Investors, Inc. Provides Details About Filings
(PITTSBURGH, Pa., ) — Federated Investors, Inc. (NYSE: FII), one of the nation’s largest investment managers, today announced that the June 8, 2009 Form 4 filings for FII shares reported as sold by Federated President and Chief Executive Officer J. Christopher Donahue (32,631 shares) and Federated Chief Financial Officer Thomas R. Donahue (32,631 shares) were from the sale of shares by family limited partnerships. Each holds minority interests of approximately 3% of these limited partnerships. J. Christopher Donahue disclaims beneficial interest for approximately 97% of the value of these limited partnerships. Thomas R. Donahue disclaims beneficial interest for approximately 97% of the value of these limited partnerships. The shares were sold as part of a longer-term diversification strategy by the limited partnerships.