Published:
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
Copyright © 2009, PRNewswire
Copyright © 2009, NewsBlaze,
Daily NewsTags: ,FIN,LAW,PA-Law-Offices
Search News
Daily News
