NEW YORK--(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 email@example.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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