Welcome to the National City Notes Settlement Website

This is a class action lawsuit that generally alleges, among other things, that the Defendants, National City Corporation et al., violated Sections 11 and 15 of the Securities Act of 1933, 15 U.S.C. §§ 77k and 77o, by making allegedly false statements pursuant to and/or traceable to the registration statement on Form S-3 filed by National City with the U.S. Securities and Exchange Commission on January 22, 2008 and the accompanying prospectus supplement declared effective as of January 23, 2008 for $1.25 billion of National City Corporation 4.0% Convertible Senior Notes due 2011 (the “Registration Statement”). ARGENT CLASSIC CONVERTIBLE ARBITRAGE FUND (BERMUDA) LTD. and ARGENT CLASSIC CONVERTIBLE ARBITRAGE FUND, L.P., the Plaintiffs in the lawsuit, further allege that the Registration Statement, which incorporated by reference certain of National City’s 2007 and 2008 financial reports, contained false statements and material omissions relating to, among other things, National City’s underwriting practices, the characteristics and performance of its loan portfolios (and in particular loans originated by National City’s National City Mortgage, National Home Equity and First Franklin business units), its loan loss reserves and its capital and liquidity position. Plaintiffs allege that, as a result of the allegedly material misrepresentations and omissions in the Registration Statement, the price of the Notes was artificially inflated at the time the Registration Statement became effective. Plaintiffs allege that when the true state of National City’s business and operations was allegedly revealed after the offering of the Notes, the price of the Notes fell.

Please be sure to review the Notice of Proposed Settlement of Class Action to fully understand your rights.

The Exclusion deadline was November 9, 2010.

The Objection Filing deadline was November 9, 2010.

The Settlement Fairness Hearing was November 30, 2010 at 11:30 a.m.

The Claim Filing deadline was January 24, 2011.

Note: This website is being provided as a service to potential Class Members. The information provided is in summary form and is not intended as a complete explanation of your rights. For full and complete information, you are directed to carefully review all of the Case Documents.