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If you purchased shares of StanCorp Financial Group, Inc. (NYSE:SFG) and currently hold any of those NYSE:SFG shares, you have certain options and you should contact the Shareholders Foundation, Inc.
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To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Investigation Overview
July 28, 2015 (Shareholders Foundation) - An investigation on behalf of investors, who currently hold shares of StanCorp Financial Group, Inc. (NYSE:SFG), was announced concerning whether the takeover of StanCorp Financial Group, Inc. by Meiji Yasuda Life Insurance Company for $115 per share is unfair to NYSE:SFG stockholders.
The investigation by a law firm concerns whether certain officers and directors of StanCorp Financial Group, Inc. breached their fiduciary duties owed to NYSE:SFG investors in connection with the proposed acquisition.
On July 23, 2015, Meiji Yasuda Life Insurance Company and StanCorp Financial Group, Inc. (NYSE: SFG) announced that they have entered into an agreement under which Meiji Yasuda Life Insurance Company will acquire all outstanding shares of StanCorp for $115.00per share in cash.
However, the investigation concerns whether the offer is unfair to NYSE:SFG stockholders. More specifically, the investigation concerns whether the StanCorp Financial 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.
