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Mattress Firm Holding Corp.

Securities Class Action

Overview
  • Date:
  • 3/22/2016
  • Company Name:
  • Mattress Firm Holding Corp.
  • Stock Symbol:
  • MFRM
  • Status:
  • Closed/Complete

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NEW YORK, March 22, 2016 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Mattress Firm Holding Corp. (NASDAQ: MFRM) investors concerning whether the company’s officers and board of directors violated the federal securities laws.

On March 21, 2016, Mattress Firm reported fourth quarter earnings of $0.53 per share, lower than analyst expectations of $0.56 per share, and released full year guidance of $2.50 to $2.60 per share, which was lower than the $2.72 per share forecast.  Concurrently, Mattress Firm announced that the company's President, Ken Murphy, would immediately replace Steve Stagner as Chief Executive Officer.

On this news, Mattress Firm stock has fallen as much as $6.52, or 15.27%, to $36.17 during intraday trading on March 22, 2016.

If you purchased Mattress Firm securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

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