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Browse: Home / 2012 / August / 01 / Jury finds ex-Citigroup employee not liable of negligence

Jury finds ex-Citigroup employee not liable of negligence

By Securities Docket on August 1, 2012, 1:03 pm

A Citigroup employee did nothing wrong by failing tell investors about the bank’s negative financial bet on a $1bn mortgage bond deal created shortly before the US financial crisis five years ago, a Manhattan federal jury concluded yesterday.

via Jury finds ex-Citigroup employee not liable of negligence — Dow Jones Newswires

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Posted in SEC, Top | Tagged Financial Crisis, Trials

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