NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Ryland Group, Inc. (“Ryland” or the “Company”) (NYSE:RYL) for potential breaches of fiduciary duties in connection with the sale of the Company to Standard Pacific Corp. for approximately $1 billion. Ryland shareholders will receive 1.0191 shares of Standard Pacific common stock for each share of Ryland common stock (which would be 5.
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