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Sealy Corporation (NYSE:ZZ) Investor Files Lawsuit Against Directors Over Alleged Breaches Of Fiducary Duties In Proposed Takeover

  • If you purchased shares of the Sealy Corporation (NYSE:ZZ) prior to September 27, 2012, and currently hold any of those NYSE:ZZ shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

Oct. 02, 2012 (Shareholders Foundation) -- An investor in shares of Sealy Corporation (NYSE:ZZ) filed a lawsuit against directors of Sealy Corporation in effort to block the proposed takeover by Tempur-Pedic at $2.20 per NYSE:ZZ. The plaintiff alleges that defendants breached their fiduciary duties owed to NYSE:ZZ investors by agreeing to sell the Sealy Corporation too cheaply via an...



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