LOS ANGELES--(BUSINESS WIRE)--Goldberg
Law PC, a national shareholder rights litigation firm, announces the
filing of a class action lawsuit against Tempur Sealy International,
Inc. (“Tempur Sealy” or the “Company”) (NYSE: TPX). Investors who
purchased or otherwise acquired shares between July 28, 2016 and January
27, 2017 inclusive (the “Class Period”), are encouraged to contact the
firm in advance of the May 23, 2017 lead plaintiff
motion deadline.

If you are a shareholder who suffered a loss during the Class Period, click
here to participate. In addition, we encourage you to contact
Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the
Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss
your rights free of charge. You can also reach us through the firm’s
website at http://www.Goldberglawpc.com,
or by email at info@goldberglawpc.com.

The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.

The Complaint alleges that during the Class Period, Tempur Sealy made
materially false and misleading statements and/or failed to disclose:
that prior to and during the Class Period, Mattress Firm Holding Corp.
(“Mattress Firm”), the Company’s largest customer which accounted for
approximately 25% of the its 2015 net sales, had been engaged in active
negotiations to be acquired and that any such acquisition was reasonably
likely to have a material adverse effect in Tempur Sealy’s 2016 third
and fourth quarter operating results; that Tempur Sealy was engaged in
active discussions with Mattress Firm concerning modifications to their
long-term supply agreements; that Mattress Firm had been seeking
significant economic concessions from Tempur Sealy; that the Company
lacked a reasonable basis for its positive statements associated with
Mattress Firm; and that based on the above, the Company lacked a
reasonable basis for its positive statements about its then-current
business and future financial prospects. On January 27, 2017, Tempur
Sealy announced that it would cease doing business with Mattress Firm
during the first quarter of 2017. When this news was announced, shares
of Tempur Sealy fell in value, causing investors harm.

Goldberg Law PC represents shareholders around the world and specializes
in securities class actions and shareholder rights litigation.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.