Mattress company Sleeping Duck prevails in shareholder’s oppression lawsuit

From left, Sleeping Duck founders Selvam Sinnappan and Winston Wijeyeratne.

Retail 2024-06-17 3:22 pm By Christine Caulfield

Sleeping Duck has defeated a minority shareholder’s case accusing it of engaging in oppression, with a judge rejecting claims the mattress company’s two founders diluted the shareholder’s interest and rejected commercially unreasonable offers to sell.