StanCorp Financial Group, Inc. (NYSE:SFG) Shareholder Notice: Investigation of Takeover by Meiji Yasuda Life Insurance Company

An investigation on behalf of investors of StanCorp Financial Group, Inc. (NYSE:SFG) in connection with the proposed takeover was announced and NYSE:SFG stockholders should contact the Shareholders Foundation.

Logo

San Diego, CA -- (SBWire) -- 08/05/2015 --An investigation for investors in NYSE:SFG shares 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.

Investors who purchased shares of StanCorp Financial Group, Inc. (NYSE:SFG) and currently hold any of those NYSE:SFG shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation or call +1(858) 779 - 1554.

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.

Shares of StanCorp Financial Group, Inc. (NYSE:SFG) closed on August 3, 2015, at $113.95 per share.

Those who are current investors in StanCorp Financial Group, Inc. (NYSE:SFG) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/615131