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The Rosen Law Firm, a global investor rights law firm, announces that it is investigating the Board of Directors of Ryland Group Inc. (NYSE: RYL) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Ryland to maximize shareholder value before agreeing to be acquired by Standard Pacific Corp. (NYSE: SPF).
If you would like to join the action, go to the firm's website at http://rosenlegal.com/cases-649.html or contact Phillip Kim or Kevin Chan toll-free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.
Under the terms of the proposed transaction, shareholders will receive 1.0191 shares of Standard Pacific for each share of Ryland common stock they own. The investigation relates to whether the proposal is fair to the public shareholders of Ryland and whether Ryland's Board breached its fiduciary duties in connection with the proposed sale.
If you currently own shares of Ryland and wish to obtain additional information, please visit the firm's website at http://rosenlegal.com/cases-649.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150622006461/en/
The Rosen Law Firm, P.A.
Phillip Kim, Esq.
Kevin Chan, Esq.
Laurence Rosen, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
pkim@rosenlegal.com
kchan@rosenlegal.com
lrosen@rosenlegal.com
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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