NEW YORK, June 16, 2015 /PRNewswire/ -- The following
statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased Ryland Group, Inc.
stock prior to June 14, 2015.
You are hereby notified that Levi & Korsinsky, LLP
has commenced an investigation into the fairness of the
sale of Ryland Group, Inc. (NYSE: RYL) to Standard
Pacific Corp. (NYSE: SPF). At the time of the merger, Standard
Pacific will implement a 1 for 5 reverse stock split after which
Ryland shareholder 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. Upon completion of the merger,
Ryland shareholders will own a minority 41% of the combined
company. To learn more about the investigation and your rights,
go to:
http://zlk.9nl.com/ryland-group-ryl
or contact Joseph E. Levi, Esq.
either via email at jlevi@zlk.com or by telephone at (212)
363-7500, toll-free: (877) 363-5972. There is no cost or
obligation to you.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities lawsuits and have recovered hundreds of millions of
dollars for aggrieved shareholders. For more information,
please feel free to contact any of the attorneys listed below.
Attorney advertising. Prior results do not guarantee similar
outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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