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Investors Bancorp, Inc. (NASDAQ:ISBC) Investor Lawsuit In Connection With Certain Stock Incentives Awards To Certain Directors Filed

  • If you purchased shares of Investors Bancorp, Inc. (NASDAQ:ISBC) and currently hold any of those NASDAQ:ISBC shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

Company
Investors Bancorp, Inc.
Security
NASDAQ: ISBC

Case Name
Investors Bancorp Shareholder Derivative Lawsuit 01/06/2017
Type of Lawsuit
Stockholder Derivative Action
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Summary

January 9, 2017 (Shareholders Foundation) - An investor in shares of Investors Bancorp, Inc. (NASDAQ:ISBC) filed a lawsuit over certain stock incentives awarded to certain directors and top officers.
The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:ISBC investors by awarding more than $50 million in stock incentives to certain directors and top officers of Investors Bancorp, Inc

Shares of Investors Bancorp, Inc. (NASDAQ:ISBC) grew from $9.86 per share in October 2014 to as high as $13.04 per share in October 2015. Since then NASDAQ:ISBC share declined to as low as $10.95 per share in February 2016.

On January 9, 2017, NASDAQ:ISBC shares closed at $13.95 per share.