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Law Offices of Howard G. Smith Announces Class Action Lawsuit Against National City Corp.

BENSALEM, Pa., Aug. 28 /PRNewswire/ -- Law Offices of Howard G. Smith announces that a securities class action lawsuit has been filed on behalf of all persons who acquired the common stock of National City Corporation ("National City Corp." or the "Company")(NYSE: NCC) pursuant and/or traceable to the Company's registration statement filed with the Securities and Exchange Commission in connection with National City's Corp.'s acquisition of Fidelity Bankshares, Inc. on January 5, 2007. The class action lawsuit was filed in the Fifteenth Judicial Circuit forPalm Beach County, Florida.

The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning National City Corp.'s financial performance and prospects, thereby artificially inflating the price of National City Corp. stock.

No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased National City Corp. common stock pursuant and/or traceable to the Company's acquisition of Fidelity Bankshares, Inc., you have certain rights, and have until October 27, 2008, to move for Lead Plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112,Bensalem, Pennsylvania 19020, by telephone at (215)638-4847,Toll-Free at (888)638-4847, by email to howardsmithlaw@hotmail.com or visit our website at http://www.howardsmithlaw.com.

SOURCE Law Offices of Howard G. Smith

Tags: ,FIN,LAW,PA-Law-Offices

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