SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Ryland Group, Inc. of Commencement of an Investigation Conc...
18 June 2015 - 3:59AM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All Persons or Entities who purchased Ryland Group, Inc.
stock prior to June 14, 2015.
You are hereby notified that Levi & Korsinsky, LLP
has commenced an investigation into the fairness of the
sale of Ryland Group, Inc. (NYSE: RYL) to Standard Pacific
Corp. (NYSE: SPF). At the time of the merger, Standard Pacific will
implement a 1 for 5 reverse stock split after which Ryland
shareholder 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. Upon completion of the merger,
Ryland shareholders will own a minority 41% of the combined
company. To learn more about the investigation and your rights,
go to:
http://zlk.9nl.com/ryland-group-ryl
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972. There is no cost or obligation to you.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities lawsuits and have recovered
hundreds of millions of dollars for aggrieved shareholders. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20150617006241/en/
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212)
363-7171www.zlk.com
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