Invested in
Sleep Number?
Contact investor lawyers for a free evaluation of your potential claims for compensation today.
- Did you invest in Sleep Number Corp (NASDAQ: SNBR) in or before February 2021 and still hold your shares?
- Are you concerned about the SNBR stock price decline following Sleep Number’s announcements of disappointing results caused by previously undisclosed supply chain disturbances?
- Would you like your potential options for compensation and/or redress to be reviewed by an experienced team of investor lawyers?
Request a free case evaluation of your potential claims for compensation today, via email at arosca@rscounsel.law, through the contact form on this page, or by calling 888-998-0530.
Contact Us About Your
Investments
Free Case Evaluation
The Sleep Number Class Action Investigation page is the resource for investors who bought Sleep Number shares in or before February 2021 and would like to evaluate compensation claims.
- Free Case Evaluation
- No Fees if No Recovery
- Contact Us Today
We can also do a Zoom call to discuss your matter.
Posted February 6, 2023
Sleep Number Investigation
Securities attorneys Alan Rosca, Paul Scarlato, and Kathryn Weidner have been investigating alleged securities violations, corporate misconduct, and misrepresentations, as well as questionable business practices involving Sleep Number Corp, and have identified potential areas of concern for Sleep Number investors.
What Sleep Number Investors May Do
SNBR investors interested to evaluate potential options to seek compensation and/or pursue claims related to their Sleep Number investment may contact investor rights attorneys Alan Rosca, Paul Scarlato, or Kathryn Weidner. Claims that are not timely pursued may expire or otherwise be lost, generally speaking.
Get in Touch with an Experienced Team of Investor Attorneys
Attorneys Rosca, Scarlato, and Weidner have extensive experience in seeking compensation related to investor harm and pursuing claims arising out of alleged violations of securities law and/or corporate misconduct, and are currently evaluating potential claims on behalf of investors in Sleep Number Corp
They typically work on a contingent fee basis, do not require any money down from their clients, advance case expenses, and only get paid for their fees and expenses if and when successful, following review and approval by the Court of any fee application.
Concerned SNBR stock investors may contact attorneys Alan Rosca, Paul Scarlato, or Kathryn Weidner to discuss their potential options toll free at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.
Potential Compensation Claims
Has Sleep Number Been Accused of Misconduct?
Sleep Number Corp, Shelly R. Ibach, David R. Callen and several other Sleep Number executives have been the subject of two recent class action lawsuits alleging misconduct against them.
Sleep Number and its control persons are accused, among others, of allegedly making materially false and/or misleading statements, and/or failing to disclose that the company’s supply chain for foam had suffered a severe disruption during the Winter Storm Uri.
The complaints further alleged that contrary to representations made to investors, Sleep Number lacked supply chain flexibility and fail-safes to offset the foam supply disruption, which allegedly impaired Sleep Number’s ability to timely fulfill customer orders.
As a result, Sleep Number was allegedly forced to delay mattress shipments to end consumers, negatively impacting its financial results, the complaints allege.
What Happened to Sleep Number’s CFO?
On January 27, 2023, Sleep Number filed a press release announcing that its Chief Financial Officer (CFO) since April 2014 David Callen is “stepping down from his position to pursue other opportunities.” The release further announced that Callen will be replaced by Sleep Number Executive Vice President and Chief Human Resources Officer, Chris Krusmark, who will act as interim CFO.
Do Sleep Number Shareholders Have Claims for Compensation?
Investor rights attorneys Alan Rosca, Paul Scarlato, and Kathryn Weidner at Rosca Scarlato are investigating potential options and are evaluating potential claims for compensation and/or other redress on behalf of SNBR shareholders. They have decades of combined experience representing victims of corporate or financial misconduct.
If you are a Sleep Number investor concerned about your investment and/or its value, you may contact attorneys Alan Rosca, Paul Scarlato, or Kathryn Weidner to learn more about your rights and for an evaluation of your potential claims, or to provide useful information.
All consultations are free. The Rosca Scarlato attorneys typically take cases like this on a contingency fee basis, advance all case costs, and only get paid for their fees and expenses if and when they are successful, following review and approval by the Court of any fee application.
To reach attorney Alan Rosca or his colleagues, Sleep Number investors may call 888-998-0530, email arosca@rscounsel.law, or leave a message through the contact form on this webpage.
The general considerations on this page are for informational purposes only and do not constitute legal advice. Such legal advice can only be offered once the attorneys discuss each investor’s situation, learn of the relevant facts and can tailor any advice to that investor’s facts. The Sleep Number Class Action Investigation page is not affiliated with Sleep Number Corp. There has not been an adjudication on the merits of the cases referenced in this blog post, as of the date of the posting.
Contact info:
Rosca Scarlato LLC – 216-946-7070 / 888-998-0530.
Alan Rosca – arosca@rscounsel.law
Paul Scarlato – pscarlato@rscounsel.law
Kathryn Weidner – kweidner@rscounsel.law
Recent Investigations
- Posted on
- Posted on
DISCLAIMER
In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow matters about which we report, and/or to publish subsequent updates regarding various developments that may occur in such matters. Readers are encouraged to conduct their own research regarding any such matters and any developments that may or may not have occurred in such matters. Also, the Brokercheck report linked to some of our blogs is the up-to-date version as of the date of accessing by the reader. The information in our blogs is current as of the date of the drafting of the blog, and given that sometimes certain past complaints may no longer be listed in newer Brokercheck reports, some of the events referenced in some of our blogs may later on be removed from newer Brokercheck reports. Visitors may check the most recent version of each brokercheck report at www.finra.org, and may contact FINRA for the earlier version of the Brokercheck report upon which various blogs may be based.