A lawsuit was filed by an investor in Investors Bancorp, Inc. (NASDAQ:ISBC) shares against certain directors of Investors Bancorp, Inc and NASDAQ:ISBC stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 01/10/2017 --The Shareholders Foundation announced that an investor in shares of Investors Bancorp, Inc. (NASDAQ:ISBC) filed a lawsuit over certain stock incentives awarded to certain directors and top officers. .

Investors who purchased shares of Investors Bancorp, Inc. (NASDAQ:ISBC) and currently hold any of those NASDAQ:ISBC shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

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.

Those who purchased shares of Investors Bancorp, Inc. have certain options and should contact the Shareholders Foundation.