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Tempur-Pedic Defeats Investor Class Action In 6th Circ.

By Y. Peter Kang (June 4, 2015, 6:05 PM EDT) -- The Sixth Circuit upheld the dismissal of several pension funds' claims that Tempur-Pedic International Inc. misled investors with overly optimistic sales predictions in 2012 that were ultimately off by hundreds of millions of dollars, finding Thursday that none of the challenged statements or omissions constituted securities fraud....

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