In re Select Comfort Corp. Securities Litigation

DOTY, District Judge.

This matter is before the court on plaintiffs’ motion for class certification. Based upon a review of the file, record and proceedings herein, and for the reasons stated, the court grants plaintiffs’ motion.

BACKGROUND

This action arises out of allegations by the plaintiffs that defendants violated Sections 11, 12(a)(2) and 15 of the Securities Act of 1933 and Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. Plaintiffs allege that defendants made a series of false and misleading public statements that either misrepresented or omitted material information…