SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Involving Possible Securities Fraud by Select Comfort Corporation and Certain Officers and Directors

NEW YORK--()--Levi & Korsinsky, LLP announces that it has commenced an investigation of Select Comfort Corporation (“Select Comfort” or “the Company”) (NASDAQ: SCSS) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors.

On November 4, 2015, Select Comfort confirmed its guidance for 2015 earnings per diluted share of $1.35. Then on February 11, 2016, Select Comfort announced its fourth quarter and full-year 2015 results during aftermarket hours, disclosing full-year 2015 earnings per diluted share of $0.97. The Company also announced that it had suffered a financial impact from the transition to an enterprise platform from legacy systems. On this news, shares of Select Comfort fell approximately 24% from its previous closing price to close at $15.58 per share on February 12, 2016. To obtain additional information about the investigation, go to:

http://zlk.9nl.com/select-comfort-scss

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com

Release Summary

Levi & Korsinsky, LLP announces that it has commenced an investigation of Select Comfort Corporation concerning possible violations of federal securities laws by the Company

Contacts

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com