Legal Opinion
Pension Fund Group v. Tempur-Pedic International, Inc.
Court of Appeals for the Sixth Circuit
Decided June 4, 2015No. 14-5696UnpublishedCited by 10 opinions
1Opinion of the Court
COOK, Circuit Judge.
After posting record sales for five straight quarters, mattress manufacturer Tempur-Pedic International, Inc.’s business declined in the second quarter of 2012. Plaintiffs-Appellants — a group of pension funds who purchased Tempur-Pedic stock before the price-per-share fell nearly seventy-five percent over a seven-week period — filed a consolidated class-action complaint against Defendants-Ap-pellees Tempur-Pedic, president and chief executive officer Mark A. Sarvary, and executive vice president and chief financial officer Dale E. Williams (collectively, “Tempur-Pedic”)…
2Cases cited11 opinions
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
- Mayer v. MylodCourt of Appeals for the Sixth Circuit · 1993
- Helwig v. Vencor, Inc.Court of Appeals for the Sixth Circuit · 2001
- City Of Monroe Employees Retirement System v. Bridgestone CorporationCourt of Appeals for the Sixth Circuit · 2005
- Frank v. Dana Corp.Court of Appeals for the Sixth Circuit · 2008
6 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Stadnick v. Vivint Solar, Inc.Court of Appeals for the Second Circuit · 2017
- Okla. Firefighters Pension & Ret. Sys. v. Xerox Corp.District Court, S.D. Illinois · 2018
- Gregory v. Pronai Therapeutics Inc.District Court, S.D. Illinois · 2018
- Weiner ex rel. Situated v. Tivity Health, Inc.District Court, M.D. Tennessee · 2019
- Forman v. Meridian Bioscience, Inc.District Court, S.D. Ohio · 2019
5 more not listed; retrieve them via the Exa API.