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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of StanCorp Financial Group Inc (NYSE: SFG) acted responsibly on behalf of investors’ profitability in the planned $5 billion sale to Meiji Yasuda Life Insurance.
On July 24, 2015, StanCorp Financial Group Inc (NYSE: SFG) and Meiji Yasuda Life Insurance announced that they had entered into a merger agreement. Under the terms of the merger agreement, Meiji will offer StanCorp shareholders $ 115.00.00 per share in cash for all outstanding shares.
Based in Portland, OR, and founded in 1998 StanCorp Financial Group Inc provides financial services and products in two business segments, Insurance Services and Asset Management. The Insurance Services segment sells its employee benefits through sales representatives, as well as through independent employee benefit brokers and consultants; and individual disability insurance products through brokers and master general agents primarily to physicians, lawyers, executives, other professionals, and small business owners. The Asset Management segment 401(k) plans, 403(b) plans, 457 plans, defined benefit plans, money purchase pension plans, profit sharing plans, and non-qualified deferred compensation products and services.
The investigation focuses on whether NYSE: SFG investors received the highest price and whether the directors of StanCorp Financial Group Inc acted in the best interest of StanCorp Financial Group Inc company and its shareholders.
If you purchased StanCorp Financial Group Inc (NYSE: SFG)prior to July 24, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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