Lawsuit Overview
Company
Security
OTC: CMSQY
Case Name
Computershare Inc. Case 05/15/2008
Type of Lawsuit
Securities Purchaser Class Action
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Summary
<p>On Thursday, May 15th shareholders of North Fork Bancorp. Inc., a bank that Capital One Financial Corp. acquired in 2006, have filed a proposed class action in the U.S. District Court for the Eastern District of New York on behalf of owners of North Fork Bancorp. Inc. against Computershare Inc.. The investors allege Computershare Inc., that the exchange agent failed to convert their old shares into Capital One shares and cash as promised, causing significant loss of potential profit and interest.</p>