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Furniture Today |  Mr. David Perry, April 13, 2017 — The divorce between Mattress Firm and Tempur Sealy has taken a litigious turn, with the parties now squaring off in dueling lawsuits.

Mattress Firm filed suit on March 30, alleging that Tempur Sealy has engaged in “a systematic campaign aimed at extracting retribution for their losses” after a sharp drop in Tempur Sealy’s market capitalization that followed news of the impending Mattress Firm/Tempur Sealy split earlier this year.

“Specifically, during the winding up of the parties’ extensive relationship, Tempur Sealy threatened to prematurely cut off Mattress Firm’s supply, despite their knowledge that hundreds of orders were pending and millions of households in the country had received Mattress Firm advertisements for their product,” Mattress Firm says in its suit.

“As to product deliveries,” the suit continues, “Tempur Sealy failed to comply with obligations to deliver product as to time, location and specifications, resulting in lost sales and frustrated Mattress Firm customers. Tempur Sealy even embarked on a nationwide internet advertising campaign implying that shoppers should avoid ‘bait and switch’ sales tactics and buy direct from the manufacturer instead of Mattress Firm.

“Tempur Sealy’s sharp tactics violated the parties’ written agreements and interfered with Mattress Firm’s customer relationships,” the suit continues. “Mattress Firm therefore seeks an award of damages, declaratory relief, and attorney’s fees.”

This is a small excerpt from Furniture Today.  Please click the link below to read the full article.

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