The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Indian...

Levi & Korsinsky is investigating the Board of Directors of Indiana Community Bancorp (“Indiana Community Bancorp” or the “Company”) (Nasdaq: INCB) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Old National Bancorp (NYSE: ONB). Under the terms of the transaction, Indiana Community Bancorp shareholders will receive 1.90 shares of Old National Bancorp common stock for each share of Indiana Community Bancorp common stock they own. The transaction values Old National Bancorp common stock at approximately $12.00 per share.

Click here to learn how to join the action: http://www.zlk.com/indiana-community-bancorp-incb, or call: 877-363-5972.

The investigation concerns whether the Indiana Community Bancorp Board of Directors breached their fiduciary duties to Indiana Community Bancorp stockholders by failing to adequately shop the Company before entering into this transaction and whether Indiana Community Bancorp is underpaying for Indiana Community Bancorp shares, thus unlawfully harming Indiana Community Bancorp stockholders.

If you own common stock in Indiana Community Bancorp and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [e-mail] or by telephone at [phone], toll-free: [phone], or http://www.zlk.com.

Levi & Korsinsky has extensive expertise in prosecuting investor securities litigation involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.