NEW YORK (Reuters) - Former Goldman Sachs Group Inc vice president Fabrice Tourre was found liable for federal securities law violations on Thursday for his role in a complex mortgage deal that cost investors $1 billion when it failed.
Tourre was found liable on six of seven counts by a Manhattan federal jury in a civil case brought by the U.S. Securities and Exchange Commission, the regulator's highest-profile trial to spill out of its investigations into causes of the 2008 financial crisis.
(Reporting by Nate Raymond in New York; Editing by Steve Orlofsky)