San Diego, CA -- (SBWIRE) -- 02/20/2017 -- An investigation was announced on behalf of investors in shares of Columbia Banking System Inc (NASDAQ:COLB) was announced over potential breaches of fiduciary duties by certain officers and directors at Columbia Banking System.

Investors who purchased shares of Columbia Banking System Inc (NASDAQ:COLB) and currently hold any of those NASDAQ:COLB shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain Columbia Banking System officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Tacoma, WA based Columbia Banking System, Inc. is a bank holding company of Columbia State Bank (the Bank) and West Coast Trust Company, Inc. Columbia Banking System Inc reported that its Net Income rose from $60.02 million in 2013 to $98.83 million in 2015. Shares of Columbia Banking System Inc (NASDAQ:COLB) grew from $18.78 per share in early 2013 to as high as $45.13 per share in late 2016.

On February 17, 2017, NASDAQ:COLB shares closed at $40.97 per share.

Those who purchased shares of Columbia Banking System Inc have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com