Tempur Sealy International, Inc. (TPX)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Tempur Sealy International, Inc. (“Tempur Sealy” or “the Company”) (NYSE: TPX). Investors who purchased Tempur Sealy securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Tempur Sealy has violated federal securities laws.
Investigation Details:
On July 31, 2023, Tempur Sealy disclosed in a filing with the U.S. Securities Commission that the Company had “identified a cybersecurity event involving certain of the Company’s information technology (‘IT’) systems. Upon discovery of the event, the Company activated its incident response and business continuity plans designed to contain the incident. This included proactively shutting down certain of the Company’s IT systems, resulting in the temporary interruption of the Company’s operations. Legal counsel, a cybersecurity forensic firm and other incident response professionals have been engaged to advise on the matter. The Company has also notified law enforcement authorities.” On this news, Tempur Sealy’s stock price fell $1.89 per share, or 4.2%, to close at $43.15 per share on July 31, 2023.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Tempur Sealy securities, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Why Bronstein, Gewirtz & Grossman:
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | [email protected]