![]() The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. ![]() Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. We are updating our privacy policy to clarify this, Natalie said. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. On this news, Sleep Number's stock price fell $14.46 per share, or 12.88%, to close at $97.78 per share on July 21, 2021. The release revealed that Sleep Number had missed consensus estimates on the top and bottom line for the quarter and again blamed the disappointing results in significant part on "near-term supply constraints" and component shortages. Then, on July 20, 2021, Sleep Number issued a press release announcing its financial results for its second fiscal quarter ended June 30, 2021. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. On this news, Sleep Number's stock price fell $14.80 per share, or 11.85%, to close at $110.13 per share on April 22, 2021. SLEEP NUMBER CORPORATION (Exact name of registrant as specified in its charter). Specifically, the release stated that Sleep Number had "more than $50 million of deliveries (two weeks) shifted out of the quarter due to temporary foam supply constraints," representing nearly 9% of the Company's entire sales for the quarter. The release revealed that Sleep Number had missed consensus sales estimates for the quarter as a result of significant supply chain disruptions. On April 21, 2021, Sleep Number issued a press release announcing its financial results for its first fiscal quarter ended March 31, 2021. ![]()
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