Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Select Comfort Corporation (NASDAQ: SCSS) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Select Comfort Corporation (NASDAQ: SCSS) concerning whether a series of statements by Select Comfort Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On November 4, 2015, Select Comfort Corporation released its guidance for 2015 earnings per diluted share of $1.35. Then on February 11, 2016, Select Comfort Corporation announced its fourth quarter and full-year 2015 results during aftermarket hours. Select Comfort Corporation also revealed that it had suffered a financial impact from the transition to an enterprise platform from legacy systems.

On this news, NASDAQ: SCSS shares declined approximately 24% on February 12, 2016.

Based in Minneapolis, Minnesota, and founded in 1987 Select Comfort Corporation provides sleep solutions and services.

If you purchased shares of Select Comfort Corporation (NASDAQ: SCSS) on or before February 11, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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