China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production 
Valentino Garavani Dies at 93, Leaving Behind the Timeless Legacy of Valentino Red 
HKEX’s Permissive IPO Rules Could Open Opportunities for Korea to Strengthen Its Position in International Listings 
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure 
Proposed Rio Tinto–Glencore Merger Faces China Regulatory Hurdles and Asset Sale Pressure 
Lululemon Founder Chip Wilson Escalates Proxy Fight to Remove Advent From Board 
U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales 
Trump Signs Executive Order to Limit Wall Street Investment in Single-Family Homes 
Trump Criticizes NYSE Texas Expansion, Calls Dallas Exchange a Blow to New York 
Netflix Stock Slips After Earnings as Soft 2026 Guidance Overshadows Subscriber Milestone 
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability 
United Airlines Posts Record Q4 Revenue as Premium Demand Lifts Earnings 
Brazil Supreme Court Orders Asset Freeze of Nelson Tanure Amid Banco Master Investigation 
Baidu Shares Rise in Hong Kong After Apollo Go Robotaxi Launch in Abu Dhabi 
Lynas Rare Earths Shares Surge as Quarterly Revenue Jumps on Strong Prices 
Rio Tinto Posts Strong Q4 Iron Ore and Copper Output on Operational Recovery 
NEW YORK, April 27, 2017 -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Southern District of New York on behalf of investors who purchased Tempur Sealy International, Inc. (“Tempur Sealy”) (NYSE:TPX) securities between July 28, 2016 and January 27, 2017.
Click here to learn about the case: http://www.wongesq.com/pslra/tempur-sealy-international-inc?wire=3. There is no cost or obligation to you.
According to the complaint, throughout the class period Tempur Sealy issued materially false and/or misleading statements, including that: (i) during the Class Period, Mattress Firm Holding Corp. ("Mattress Firm"), the Company's largest customer which accounted for approximately 25% of the Tempur Sealy's 2015 net sales, had been engaged in active negotiations to be acquired and that any such acquisition was reasonably likely to have a material adverse effect in Tempur Sealy's 2016 third and fourth quarter operating results; (ii) during the Class Period, Tempur Sealy was engaged in active discussions with Mattress Firm concerning modifications to their long-term supply agreements; (iii) Mattress Firm had been seeking significant economic concessions from Tempur Sealy during the Class Period; (iv) defendants lacked a reasonable basis for the Company's positive statements associated with Mattress Firm; and (v) accordingly, defendants lacked a reasonable basis for their positive statements about Tempur Sealy's business and financial prospects.
If you suffered a loss in Tempur Sealy you have until May 23, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra/tempur-sealy-international-inc?wire=3.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: [email protected]
