San Diego, CA -- (SBWIRE) -- 06/30/2015 -- An investigation for investors in NYSE:RYL was announced concerning whether the takeover of Ryland Group Inc by Standard Pacific Corp is unfair to NYSE:RYL stockholders.

Investors who purchased shares of Ryland Group Inc (NYSE:RYL) and currently hold any of those NYSE:RYL shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Ryland Group Inc breached their fiduciary duties owed to NYSE:RYL investors in connection with the proposed acquisition.

On June 14, 2015, Standard Pacific Corp. (NYSE: SPF) and The Ryland Group, Inc. (NYSE: RYL) announced that their respective boards of directors have approved a merger agreement pursuant to which Standard Pacific and Ryland will combine in a merger of equals to create a single company that would have an equity market capitalization of approximately $5.2 billion, an enterprise value of approximately $8.2 billion. At the time of the merger, Standard Pacific Corp. will implement a 1 for 5 reverse stock split, so that each 5 shares of Standard Pacific Corp. common stock will be combined into 1 share ofStandard Pacific common stock. After giving effect to the reverse stock split, Ryland Group Inc (NYSE:RYL shareholders will receive 1.01911. shares of Standard Pacific Corp. common stock for each share of Ryland Group Inc (NYSE:RYL) common stock (which would be 5.0957 shares prior to giving effect to the reverse stock split). Based on a closing price of Standard Pacific Corp. (NYSE: SPF) of $8.36 on June 12, 2015, shareholders of Ryland Group Inc (NYSE:RYL) would receive a value of approximately $42.60 per NYSE:RYL shares they own.

However, given that at least one analyst has set the high target price for NYSE:RYL shares at $55.00 per share, the investigation concerns whether the offer is unfair to NYSE:RYL stockholders. More specifically, the investigation concerns whether the Ryland Group Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Those who are current investors in Ryland Group Inc (NYSE:RYL) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com