Law offices of todd m. garber announces investigation of tempur-pedic
international, inc.
Los angeles--(business wire)--the law offices of todd m. garber announces that it is investigating potential claims against tempur-pedic international, inc. (“tempur-pedic” or the “company”) (nyse:tpx) concerning possible violations of federal securities laws. the investigation is related to certain statements issued by the company between january 25, 2012 and june 5, 2012, regarding tempur-pedic’s business and financial prospects. tempur-pedic manufactures, markets and distributes bedding products in north america and internationally. the investigation concerns allegations that the company and certain of its executive officers misrepresented and/or failed to disclose that at the time the company issued its revenue forecast in january 2012, the competitive landscape in its industry would make the company’s revenue guidance impossible to achieve, and that certain company insiders capitalized on this material adverse information to sell tempur-pedic shares at inflated prices, before the truth concerning the company’s financial performance was disclosed to the market. if you purchased tempur-pedic common stock between january 25, 2012 and june 5, 2012, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact todd m. garber, esquire, of the law offices of todd m. garber, by telephone at 213-700-7262 or by email to info@toddgarberlaw.com. this press release may be considered attorney advertising in some jurisdictions under the applicable law and ethical rules.
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