Reminder for Smartsheet Shareholders on Class Action Lawsuit
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 31 2026
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Should l Buy ?
Source: Globenewswire
- Lawsuit Background: Rosen Law Firm reminds all former Smartsheet shareholders of the class action lawsuit related to the 2025 acquisition by Blackstone and partners, with a lead plaintiff deadline of February 24, 2026, allowing shareholders to seek compensation without any out-of-pocket costs.
- Lawsuit Details: The complaint alleges that Smartsheet issued a false and misleading Proxy statement during the acquisition process, intentionally misrepresenting the company's financial performance and highlighting a fabricated financial metric, which could have influenced shareholder voting decisions.
- Legal Advice: Rosen Law Firm advises investors to select qualified counsel with a proven track record, steering clear of firms that merely act as intermediaries, to ensure effective legal representation in the litigation process.
- Historical Achievements: The firm has recovered over $438 million for investors in 2019 alone and achieved the largest securities class action settlement against a Chinese company in 2017, underscoring its strong reputation and capabilities in securities litigation.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
