Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Ryland Group, Inc. Stockholders
June 15 2015 - 5:30PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of Ryland Group, Inc. (“Ryland” or the
“Company”) (NYSE:RYL) concerning the proposed merger of the Company
with Standard Pacific Corp. (“Standard Pacific”). Pursuant to the
terms of the definitive merger agreement, Ryland stockholders will
receive 1.0191 shares of Standard Pacific common stock for each
share of Ryland common stock they own, a value of approximately
$42.60 per share of Ryland common stock.
The investigation concerns whether the Ryland Board of Directors
violated its fiduciary duties by agreeing to the proposed
transaction and whether the proposed consideration adequately
values the Company’s common stock.
If you are a Ryland stockholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email
at bwalker@kmllp.com, or telephone at (212) 699-1145 or toll free
at (888) 529-4787, or by filling out this contact form. There is no
cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, whistleblower, antitrust and consumer litigation.
For additional information, please go to www.kmllp.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20150615006416/en/
Kirby McInerney LLPJ. Brandon Walker, Esq., 212-699-1145Toll
Free: (888) 529-4787bwalker@kmllp.com