SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Tempur Sealy International, Inc. and Encourages Investors with Losses to Contact the Firm

Saturday, 05 August 2023 07:45 AM

Topic: 

Class Action

LOS ANGELES, CA / ACCESSWIRE / August 5, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Tempur Sealy International, Inc. ("Tempur Sealy" or "the Company") (NYSE: TPX) for violations of the securities laws.

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The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Tempur Sealy disclosed in an SEC filing on July 31, 2023, that it 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." Based on this news, shares of Tempur Sealy fell by 4.2% on the same day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com

SOURCE: The Schall Law Firm