NEW YORK, June 16, 2015 /PRNewswire/ -- Morgan & Morgan
announces that it is investigating potential claims against the
board of directors of Ryland Group, Inc. ("Ryland" or the
"Company") (NYSE: RYL) concerning possible breaches of fiduciary
duty and other violations of law related to the proposed
acquisition of the Company by Standard Pacific Corporation
("Standard Pacific").
If you own shares of Ryland and would like to learn more about
the Ryland investigation, you may contact Morgan & Morgan at
1(800) 732-5200 or email info@morgansecuritieslaw.com.
Under the terms of the proposed transaction, Standard Pacific
will execute a 1-for-5 reverse stock split and then issue 1.091
common shares for each share Ryland stockholders own.
Fractional shares will be paid in cash.
About Morgan & Morgan
Morgan & Morgan is one of the nation's largest 200 law
firms. In addition to shareholder rights, the firm also practices
in the areas of antitrust, personal injury, consumer protection,
overtime, and product liability. All of the Firm's legal endeavors
are rooted in its core mission: provide investor and consumer
protection and always fight "for the people."
Attorney advertising. Prior results do not guarantee a
similar outcome.
Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-732-5200
info@morgansecuritieslaw.com
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SOURCE Morgan & Morgan