RYL SHAREHOLDER ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of Ryland Group, I...
June 30 2015 - 3:25PM
Business Wire
The Law Offices of Vincent Wong are investigating potential
claims against the Board of Directors of Ryland Group, Inc.
(NYSE:RYL) (“Ryland” or “the Company”) in connection with the sale
of the Company to Standard Pacific Corp. (NYSE:SPF).
Click here to learn about the case:
http://docs.wongesq.com/RYL-Info-Request-Form-760. There is
no cost or obligation to you.
At the time of the merger, Standard Pacific will implement a 1
for 5 reverse stock split after which Ryland shareholders will
receive 1.0191 shares of Standard Pacific common stock for each
share of Ryland common stock they own, with fractional shares paid
out in cash. The investigation concerns whether the Board of Ryland
breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into this
transaction, and whether Standard Pacific is underpaying for Ryland
shares. Upon completion of the merger, Ryland shareholders will own
a minority 41% of the combined company.
If you own common stock in Ryland and wish to obtain additional
information, please contact Vincent Wong, Esq. either via email
vw@wongesq.com, by telephone at 212.425.1140, or visit
http://docs.wongesq.com/RYL-Info-Request-Form-760.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20150630006545/en/
The Law Offices of Vincent WongVincent Wong, Esq.Tel.
212-425-1140Fax. 866-699-3880E-Mail: vw@wongesq.com
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