CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Sleep Number (SNBR) Investors of a Lead Plaintiff Deadline of February 14, 2022
NEW YORK, Jan. 31, 2022 /PRNewswire/ -- ATTENTION SLEEP NUMBER CORPORATION (NASDAQ: SNBR) SHAREHOLDERS:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased SNBR common stock between February 18, 2021 and July 20, 2021
If you suffered a loss on your investment in Sleep Number, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/sleep-number-corporation-loss-submission-form?prid=22699&wire=4
The class action against Sleep Number includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (a) Sleep Number had suffered a severe disruption in its supply chain for foam as a result of Winter Storm Uri; (b) Sleep Number did not have in place the supply chain flexibility, redundancies and fail-safes, as had been represented to investors, sufficient to offset the foam supply disruption caused by Winter Storm Uri; (c) because foam was a necessary component for Sleep Number's production of its primary mattress products, Sleep Number's ability to timely fulfill customer orders had been materially impaired; (d) as a result of (a)-(c) above, Sleep Number was unable to meet surging customer demand for the Company's products; and (e) as a result of (a)-(d) above, Sleep Number had been forced to delay mattress shipments to end consumers, pushing millions of dollars' worth of sales into subsequent quarters and negatively impacting the Company's financial results.
DEADLINE: February 14, 2022
Aggrieved Sleep Number investors only have until February 14, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who 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
E-Mail: [email protected]
SOURCE The Law Offices of Vincent Wong
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