Sleep Number (NASDAQ:SNBR) – Sleep Number Shareholder Alert: Johnson

Sleep Number (NASDAQ:SNBR) – Sleep Number Shareholder Alert: Johnson

Facebook
Twitter
LinkedIn

SAN DIEGO, Sept. 13, 2022 (GLOBE NEWSWIRE) — Johnson Fistula, LLP is investigating potential claims on behalf of Sleep Number Corporation SNBR against certain of its officers and directors.

If you are a current, long-term shareholder of Sleep Number stock You may have the right to indemnify Sleep Number for the alleged harm caused by the company’s officers and directors by holding them personally liable. You may also be able to assist in reforming the company’s corporate governance to prevent future wrongdoing.

If you continuously own Sleep Number stock, you may click or copy and paste the following link into a browser to participate in this promotion:

https://www.johnsonfistel.com/investigations/sleep-number-snbr-supply-chain

What does Johnson examine fistula? A class action lawsuit was recently filed against Sleep Number. Sleep Number’s class action lawsuit alleges that throughout the class action period, the defendants made false and misleading statements and failed to disclose the following: (i) Sleep Number had suffered a severe disruption in its foam supply chain as a result of Winter Storm Uri; (ii) Sleep Number did not have the supply chain flexibility, redundancies and resiliency as presented to investors sufficient to offset the foam supply disruption caused by Winter Storm Uri; (iii) because foam was a necessary ingredient in the production of Sleep Number’s primary mattress products, Sleep Number’s ability to fulfill customer orders in a timely manner was materially impaired; (iv) as a result, Sleep Number was unable to meet increasing customer demand for Sleep Number’s products; and (v) as a result, Sleep Number was forced to delay shipments of mattresses to end users, pushing multi-million dollar sales into subsequent quarters and adversely affecting Sleep Number’s financial results.

If you If you are interested in learning more about the investigation, please contact the lead analyst Jim Baker ([email protected]) at 619-814-4471. If you send an email, …


Read full story here https://www.benzinga.com/pressreleases/22/09/g28857320/sleep-number-shareholder-alert-johnson-fistel-globally-recognized-law-firm-encourages-long-term-sh

More to explorer

Why You Need A Form FL-142

When dealing with divorce, you need vital documentation. One key form you will encounter in California is Form FL-142, the Declaration of