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Share Name | Share Symbol | Market | Type |
---|---|---|---|
NYSE:RYL | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 40.83 | 0 | 01:00:00 |
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Ryland Group, Inc. (“Ryland” or the “Company”) (NYSE:RYL) concerning the proposed merger of the Company with Standard Pacific Corp. (“Standard Pacific”). Pursuant to the terms of the definitive merger agreement, Ryland stockholders will receive 1.0191 shares of Standard Pacific common stock for each share of Ryland common stock they own, a value of approximately $42.60 per share of Ryland common stock.
The investigation concerns whether the Ryland Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company’s common stock.
If you are a Ryland stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, or telephone at (212) 699-1145 or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150615006416/en/
Kirby McInerney LLPJ. Brandon Walker, Esq., 212-699-1145Toll Free: (888) 529-4787bwalker@kmllp.com
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