ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Sleep Number Corporation Investors to Secure Counsel Before Important February 14 Deadline in Securities Class Action – SNBR |

NEW YORK, January 11, 2022 / PRNewswire / –

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, including (the “Class Period”), the important February 14, 2022 Deadline of the lead plaintiff.

SO WHAT: If you acquired Sleep Number securities during the class action period, you may be entitled to compensation without payment of any out-of-pocket expenses or cost under a contingency fee arrangement.

WHAT TO DO NEXT: To participate in the Sleep Number class action lawsuit, 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 case@rosenlegal.com for information about the class action. A class action lawsuit has already been filed. If you want to stand as the lead plaintiff, you will have to postpone the court not later than February 14, 2022. A lead plaintiff is a representative party who acts on behalf of other members of the group in directing the dispute.

WHY ROSE LAW: We encourage investors to select qualified advisors with a track record in leadership roles. Firms issuing notices often do not have comparable experience, resources or meaningful recognition from colleagues. Many of these firms do not have securities class action lawsuits. Be wise in choosing the advisor. Rosen law firm represents investors around the world and focuses its practice on securities class actions and shareholder derivatives lawsuits. Rosen Law Firm has filed the largest class-action securities lawsuit ever against a Chinese company. Rosen Law Firm was ranked # 1 by ISS Securities Class Action Services for a series of securities class action settlements in 2017. The law firm has been ranked in the top 4 every year since 2013 and has reclaimed hundreds of millions of dollars for investors. In 2019 alone, the law firm secured itself $ 438 million for investors. 2020 founding partner Laurence Rosen was named by Law360 as the Titan of Plaintiffs’ Bar. Many of the firm’s attorneys are recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the collection period, the defendants made false and / or misleading statements and / or failed to disclose: (1) Sleep Number suffered a serious disruption in its foam supply chain due to Winter storm Uri; (2) Sleep Number did not have the flexibility of the supply chain, redundancies and resilience as presented to investors, sufficient to carry through. to compensate for any interruption in the foam supply Winter storm Uri; (3) because foam was a necessary component in the production of Sleep Number’s main mattress products, Sleep Number’s ability to fulfill customer orders on time was severely compromised; (4) thus, Sleep Number has been unable to meet increasing consumer demand for Sleep Number products; and (5) as a result, Sleep Number was forced to postpone shipments of mattresses to end users, driving millions in sales into subsequent quarters and adversely affecting Sleep Number’s financial results. When the real details hit the market, the lawsuit claims that investors have suffered damage.

To participate in the Sleep Number class action lawsuit, 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 case@rosenlegal.com for information about the class action.

No class has been certified. Until a class is certified, you will not be represented by an attorney unless you keep one. You can choose an advisor of your choice. You can also remain an absent class member and take no action at this point. An investor’s ability to participate in any possible future repayment does not depend on their being the lead plaintiff.

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Contact information:

Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen, PA law firm

275 Madison Avenue, 40th floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

lrosen@rosenlegal.com

pkim@rosenlegal.com

case@rosenlegal.com

www.rosenlegal.com

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SOURCE Rosen Law Firm, PA

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