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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Involving Possible Violations of Federal Securities Laws by Mattress Firm Holding Corp. and Certain Officers and Directors – MFRM

NEW YORK, NY / ACCESSWIRE / June 10, 2016 / Levi & Korsinsky, LLP announces that it has commenced an investigation of Mattress Firm Holding Corp. (NASDAQ: MFRM) concerning possible violations of federal securities laws.

On March 21, 2016, Mattress Firm reported disappointing fourth quarter earnings of $0.53 per share and full year guidance of $2.50 to $2.60 per share. The Company also announced that President Ken Murphy would replace CEO Steve Stagner, effective immediately. Then on June 9, 2016, Mattress Firm cut its annual forecast and announced it would incur an impairment charge of $138.7 million in the first quarter stemming from a previously-undisclosed decision to rebrand all of its stores under the Mattress Firm name. Following this news, shares of Mattress Firm were down more than 14% on June 10, 2016, on intraday trading. To obtain additional information about the investigation, go to: http://zlk.9nl.com/mattress-firm-mfrm or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 441016

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