ROSEN, A TOP RANKED FIRM, Encourages Sleep Number Corporation Investors With Losses Over $100K to Secure Counsel Before Important February 14 Deadline in Securities Class Action – SNBR | 2022-01-13 | Press Releases

New York, NY–(Newsfile Corp. – January 13, 2022)- WHY: Rosen Law Firm, a global investor rights law firm, reminds buyers of the securities of Sleep Number Corporation (NASDAQ: SNBR) between February 18, 2021 and July 20, 2021 inclusive (the “Collection Period”) of the importance February 14, 2022deadline for the plaintiff.

SO WHAT: If you purchased Sleep Number securities during the Class Period, you may be entitled to compensation without payment of expenses or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To participate in the Sleep Number class action go to http://www.rosenlegal.com/cases-register-2225.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for class action information. A class action lawsuit has already been filed. If you want to appear as lead plaintiff, you must call the court by February 14, 2022 at the latest. A lead plaintiff is a representative party acting on behalf of other group members in conducting the litigation.

WHY ROSES LAW: We encourage investors to select qualified advisors with a track record in leadership positions. Frequently, companies that issue notices do not have comparable experience, resources, or meaningful recognition from peers. Many of these firms do not conduct securities class action lawsuits. Be wise in choosing a lawyer. The Rosen law firm represents investors worldwide and focuses its practice on securities class actions and shareholder derivatives litigation. Rosen Law Firm has achieved the largest-ever settlement of a securities class action lawsuit against a Chinese company. Rosen Law Firm was ranked #1 in 2017 by ISS Securities Class Action Services for the number of securities class action settlements. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named Titan of Plaintiffs’ Bar by Act360. Many of the firm’s attorneys are recognized by Lawdragon and Super Lawyers.

CASE DETAILS: According to the Complaint, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Sleep Number suffered a severe disruption in its foam supply chain as a result of Winter Storm Uri; (2) 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; (3) 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 significantly impacted; (4) as a result, Sleep Number was unable to meet increasing customer demand for Sleep Number’s products; and (5) 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. As the true details emerged, the lawsuit alleges that investors suffered damage.

To participate in the Sleep Number class action go to http://www.rosenlegal.com/cases-register-2225.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for class action information.

No class was certified. Until a class is certified, you will not be represented by an attorney unless you retain one. You can select a lawyer of your choice. You can also remain absent and do nothing at this point. An investor’s ability to participate in a potential future recovery is not contingent on its serving as lead plaintiff.

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Contact information:

Laurence Rosen, Esq.

Phillip Kim, Esq.

The Law Firm of Rosen, PA

275 Madison Avenue, 40th floor

New York, New York 10016

Phone: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

lrosen@rosenlegal.com

pkim@rosenlegal.com

cases@rosenlegal.com

www.rosenlegal.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/110025

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