NEW YORK, March 22, 2016 /PRNewswire/ -- Attorney
Advertising -- Bronstein, Gewirtz & Grossman, LLC is
investigating potential claims on behalf of purchasers of the
securities of Mattress Firm Holding Corp. ("Mattress Firm" or "the
Company") (NASDAQ: MFRM). Such investors are advised to contact
Peretz Bronstein or his Investor
Relations Analyst, Yael Hurwitz at
info@bgandg.com or 212-697-6484.
This investigation concerns whether Mattress Firm and certain of
its officers and/or directors have violated the Federal Securities
Laws under the Securities Exchange Act of 1934 (the "Exchange
Act").
Mattress Firm Inc. is an American retailing company and mattress
store chain founded in 1986. The headquarters of the company is
located in Houston, Texas.
On March 21, 2016, post-market,
Mattress Firm released its fourth quarter earnings of $0.53 per share, which was lower than analyst
expectations of $0.56 per share. The
Company also released its full year guidance of $2.50 to $2.60 per share, which was lower than
its $2.72 per share forecast.
Simultaneously, Mattress Firm stated that Ken Murphy, Company President would immediately
replace Steve Stagner as Chief
Executive Officer.
Following this news, Mattress Firm stock has dropped as much as
$6.52, or 15.27%, to $36.17 during intraday trading on March 22, 2016.
If you are aware of any facts relating to this investigation, or
purchased shares of Mattress Firm, you can assist this
investigation by visiting the firm's website:
http://www.bgandg.com/#!mfrm/obz90. You can also contact
Peretz Bronstein or his Investor
Relations Analyst, Yael Hurwitz of
Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email
info@bgandg.com. Those who inquire by e-mail are encouraged
to include their mailing address, email and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation
boutique. Our primary expertise is the aggressive pursuit of
litigation claims on behalf of our clients. In addition to
representing institutions and other investor plaintiffs in class
action security litigation, the firm's expertise includes general
corporate and commercial litigation, as well as securities
arbitration. Attorney advertising. Prior results do not
guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC