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The
lender denied any wrongdoing. A lawyer for the bank said it was
assessing a possible appeal.
Natixis was among the French banks hit the hardest by the crisis
in 2007, when bonds backed by low quality mortgages - dubbed
sub-prime loans - collapsed, causing losses for many lenders as
the fallout spread through financial markets.
Natixis was eventually rescued by its parent bank BPCE and was
later restructured.
The case centred on a statement published in November 2007 by
the bank regarding its subprime exposure. Natixis said it was
not misleading as it could not have anticipated how the crisis
would later escalate.
French shareholders association Adam filed a complaint in 2009
on behalf of hundreds of retail investors, demanding
investigations into Natixis' financial communications from 2006,
when the bank was listed, until 2009.
The French financial watchdog AMF also looked into whether
Natixis misled investors during the 2007 sub-prime crisis but
decided not to bring any charges against the bank.
($1 = 0.8377 euros)
(Reporting by Matthieu Protard; Editing by Sudip Kar-Gupta,
Richard Lough and Edmund Blair)
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