Market Overview

May 23 Deadline Alert: GPM Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Tempur Sealy International, Inc.


Prongay & Murray LLP
("GPM") reminds investors of the May 23,
 deadline to file a lead plaintiff motion in the class action
filed on behalf of investors who purchased Tempur Sealy International,
Inc. ("Tempur Sealy" or the "Company") (NYSE: TPX)
securities between July 28, 2016 and January 27, 2017, inclusive
(the "Class Period"). Tempur Sealy investors have until May 23, 2017
to file a lead plaintiff motion.

According to the complaint filed in this lawsuit, throughout the Class
Period defendants made false and/or misleading statements and/or failed
to disclose that: (1) Tempur Sealy's largest customer, Mattress Firm,
had been engaged in active negotiations to be acquired, which was
reasonably likely to have a material adverse effect in Tempur Sealy's
2016 third and fourth quarter operating results; (2) Tempur Sealy was
engaged in active discussions with Mattress Firm concerning
modifications to their long-term supply agreements; (3) Mattress Firm
had been seeking significant economic concessions from Tempur Sealy; (4)
defendants lacked a reasonable basis for Tempur Sealy's positive
statements about Mattress Firm; and (5) as a result, defendants lacked a
reasonable basis for their positive statements about Tempur Sealy's
business and future financial prospects. When the true details entered
the market, the lawsuit claims that investors suffered damages.

If you purchased or otherwise acquired Tempur Sealy shares during the
Class Period you may move the Court no later than May 23, 2017 to
request appointment as lead plaintiff in this putative class action
lawsuit. To be a member of the class action you need not take any action
at this time; you may retain counsel of your choice or take no action
and remain an absent member of the class action. If you wish to learn
more about this class action, or if you have any questions concerning
this announcement or your rights or interests with respect to the
pending class action lawsuit, please contact Lesley Portnoy, Esquire, of
GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067
at 310-201-9150, Toll-Free at 888-773-9224, by email to,
or visit our website at
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.

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

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