BALA CYNWYD, PA -10/28/2005 – LAWFUEL – The Law News Network – Law offices of Brodsky & Smith, LLC announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased the common stock and other securities of Tempur-Pedic International, Inc. (NASDAQ: TPX) (“Temper-Pedic” or the “Company”) between April 22, 2005 and September 19, 2005, inclusive (the “Class Period”). The class action lawsuit was filed in the United States District Court for the Eastern District of Kentucky.
The Complaint alleges that defendants violated federal securities laws by issuing a series of material misrepresentations to the market during the Class Period, thereby artificially inflating the price of Temper-Pedic securities.
No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased this stock during the above referenced class period you have certain rights. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you want to discuss your legal rights, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Evan J. Smith, Esquire or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [email protected], or by calling toll free 877-LEGAL-90.