TAKE A LOOK AT WHICH REPORT YOUR PORTFOLIO'S BEEN MISSING...

Shareholders Foundation offers real-time reporting of class action exposure on a per transaction basis,
including the documents you will need for claim filing and settlement recovery.
Start Monitoring Your Investments

StanCorp Financial Group, Inc. (NYSE:SFG) Investor Lawsuit Over Alleged Wrongdoing In Takeover By Meiji Yasuda Life Insurance Company

  • 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.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

Company
StanCorp Financial Group, Inc.
Security
NYSE: SFG

Case Name
StanCorp Financial Group Deal Case 08/14/2015
Type of Lawsuit
Mergers and Acquisition
You must register or login to receive notifications.

Click here to subscribe to StanCorp Financial Group, Inc..
Summary

August 14, 2015 (Shareholders Foundation) - An investor who currently holds shares of StanCorp Financial Group, Inc. (NYSE:SFG), filed a lawsuit in effort to halt the proposed takeover of StanCorp Financial Group, Inc. by Meiji Yasuda Life Insurance Company for $115 per share.
The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:SFG stockholders by agreeing to sell StanCorp Financial Group, Inc. too cheaply via an unfair process to Meiji Yasuda Life Insurance Company.

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 plaintiff claims that the proposed consideration NYSE:SFG shareholders will receive is grossly inadequate and undervalues StanCorp Financial Group, Inc. In addition, the plaintiff claims that the process is also unfair to NYSE:SFG stockholders.