PORTLAND, Ore., Aug. 10, 2015
PORTLAND, Ore., Aug. 10, 2015 /PRNewswire/ -- The board of StanCorp Financial Group Inc. (NYSE: SFG) is being investigated by securities lawyers in connection with a buyout for only $115.00 per share. Concerned SFG investors are encouraged to contact attorney Hamilton Lindley by clicking here.
This deal does not appear to properly value this rapidly increasing profits of SFG. While the industry was down 1.2 percent this year, SFG shares went up ten percent. Insiders will make $129 million as a result of the sale. And the takeover has several deal protection devices, like a $180 million termination fee, that make it unfair for ordinary stockholders. "Our potential shareholder lawsuit will seek to ensure StanCorp Financial Group Inc. shareholders receive the highest price reasonably available for their stock and that all relevant information is disclosed."
Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. SFG stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at firstname.lastname@example.org with questions, toll free at (844) 702-2990 or visit http://www.dunnamlaw.com/SFG.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/stancorp-financial-group-inc-buyout-prompts-stockholder-investigation-300126054.html
SOURCE Dunnam & Dunnam