Thieler Law Corp advises investors with losses exceeding $100,000 of the May 23, 2017 lead plaintiff deadline in a class action lawsuit filed against Tempur Sealy International Inc (NYSE:TPX) (“Tempur Sealy” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased Tempur Sealy International Inc securities between July 28, 2016 and January 27, 2017, have until May 23, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Tempur Sealy International Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that during the Class Period, Mattress Firm Holding Corp. ("Mattress Firm"), the Company's largest customer which accounted for approximately 25% of the Tempur Sealy's 2015 net sales, had been engaged in active negotiations to be acquired and that any such acquisition was reasonably likely to have a material adverse effect in Tempur Sealy's 2016 third and fourth quarter operating results; during the Class Period, Tempur Sealy was engaged in active discussions with Mattress Firm concerning modifications to their long-term supply agreements;  Mattress Firm had been seeking significant economic concessions from Tempur Sealy during the Class Period; defendants lacked a reasonable basis for the Company's positive statements associated with Mattress Firm; and accordingly, defendants lacked a reasonable basis for their positive statements about Tempur Sealy's business and financial prospects.

On January 30, 2017, the Company revealed it would cease doing business with Mattress Firm during the first quarter of 2017.

Following this news, NYSE:TPX dropped 28% on January 30, 2017.

If you were negatively impacted by your investment in Tempur Sealy International Inc securities between July 28, 2016 and January 27, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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