Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims on behalf of the shareholders of Sleep Number Corporation (NASDAQ: SNBR)

Law firm Wolf Haldenstein Adler Freeman & Herz LLP is investigating Sleep Number Corporation for potential securities fraud. The investigation follows Sleep Number's May 12, 2026 earnings announcement where the company missed consensus estimates significantly, reporting a GAAP loss of $2.19 per share versus expected earnings, and revenue of $318.99 million versus $320.72 million expected. The company also suspended financial guidance, causing its stock to plummet 22.45% to $1.90 per share.