Violation Tracker Individual Record
Company:Federated Investors, Inc.
Date:November 28, 2005
Offense Group:financial offenses
Primary Offense:investor protection violation
Three affiliates of Federated Investors Inc. agreed to pay $72 million to settle charges they harmed long-term mutual fund shareholders by allowing undisclosed market timing and late trading by favored clients and an employee.
Level of Government:federal
Action Type:agency action
Agency:Securities and Exchange Commission
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:Pennsylvania
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:investment management
Source Notes:If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.