Class Claims Computershare Bungled Deal

BROOKLYN (CN) - Computershare Trust Co. fka Equiserve bungled stock transactions in the $14.6 billion sale of North Fork bank to Capital One in 2006, costing shareholders, whose shares it failed to deliver, millions of dollars, as the stock price sank from $91 at the time of the merger to $51.75 today, according to a federal class action.

Plaintiffs are represented by Lawrence Rosen of Manhattan and Avi Wagner of Los Angeles. Here are the defendants: Computershare Trust Co. N.A. fka Equiserve Trust Co. N.A.; Computershare Inc. a Delaware corporation fka Computershare Shareholder Services Inc. fka Equiserve Inc.; Computershare Ltd., an Australian Company; and Capital One Financial Corp.

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