However, it has welcomed the Dutch court's ruling that Shell's subsidiary was liable on one count.
The jury ruling held Ms. Mairone liable on the one fraud charge brought against her, although it is unclear what penalty she may face.
But on August 1st a jury in a Manhattan federal court found him liable on six counts of securities fraud including one of "aiding and abetting" his former employer, Goldman Sachs.
Updated, 9 20 p.m. | Bank of America, one of the nation's largest banks, was found liable on Wednesday of having sold defective mortgages, a jury decision that will be seen as a victory for the government in its aggressive effort to hold banks accountable for their role in the housing crisis.
NEW YORK, July 31 (Reuters) - A former Citigroup Inc manager was found not liable on Tuesday of civil charges of misleading investors, a blow to regulators in one of the few fraud cases brought against a Wall Street executive over the collapse of subprime mortgage investments.
The jury found the son liable for negligence, and the corporate entities liable on other counts.
