NEW YORK, Oct. 12, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Idaho Independent Bank IIBK and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by First Interstate BancSystem, Inc. FIBK. Stockholders will receive 0.5 shares of First Interstate BancSystem Class A common stock for each share of Idaho Independent Bank stock that they hold. The transaction is valued at approximately $181.3 million and is expected to close in the first half of 2019.

If you are a stockholder of Idaho Independent Bank and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/iib. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).  

Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com. 

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SOURCE Rowley Law PLLC