CORRECTED-U.S. court revives Mattress Firm defamation case against Sleep Number [Reuters]
Sleep Number Corporation (SNBR)
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Source: Reuters
U.S. court revives Mattress Firm defamation case against Sleep Number | Reuters 3 Min Read NEW YORK (Reuters) - A federal appeals court on Tuesday revived for a second time a 11-year-old defamation lawsuit by bedding retailer Mattress Firm Inc against adjustable bed maker Sleep Number Corp ( SNBR.O ). The 2nd U.S. Circuit Court of Appeals said a lower court judge misinterpreted New York law in dismissing claims first brought in March 2007 by Sleepy’s, now part of Mattress Firm, against Select Comfort, renamed Sleep Number last November. Andrew Hansen, a lawyer for Sleep Number, declined to comment. Lawyers for Mattress Firm did not immediately respond to requests for comment. Mattress Firm, part of South Africa’s Steinhoff International Holdings NV ( SNHJ.J ), emerged from Chapter 11 bankruptcy protection last week. The case concerned whether Select Comfort violated a 2005 contract that let Sleepy’s sell Select Comfort’s wood framed “Personal Preference” beds, while Select Comfort
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- 3/19/24 - Form 4
- SNBR's page on the SEC website