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FS Bancorp, Inc. (FSBW)

(NasdaqCM: FSBW)

Summary

Faruqi & Faruqi, LLP Launches An Investigation Against FS Bancorp, Inc. (FSBW) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of FS Bancorp, Inc. (“FS Bancorp” or the “Company”) (NasdaqCM: FSBW) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for an amendment of the Company’s 2013 Equity Incentive Plan.

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on July 30, 2013, the Board of Directors recommends that FS Bancorp shareholders vote to approve an amendment to the Company’s 2013 Equity Incentive Plan to make 453,618 shares available for issuance thereunder. The issuance of the additional shares could have a substantial dilutive effect on the shares of FS Bancorp common stock.

If you own common stock in FS Bancorp and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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    FS Bancorp, Inc. (FSBW)
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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

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Case Details

Date:

  • 08/07/2013

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