NEW YORK, June 24, 2015 /PRNewswire/ -- 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.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent
Wong