Reminder for Smartsheet Acquisition Lawsuit
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5h ago
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Should l Buy ?
Source: PRnewswire
- Lawsuit Notification: Rosen Law Firm reminds all former Smartsheet shareholders about the lawsuit related to the January 2025 acquisition by Blackstone and partners, with a crucial lead plaintiff deadline set for February 24, 2026, allowing shareholders to seek compensation without any out-of-pocket costs.
- Class Action Participation: Former Smartsheet shareholders can join the class action by visiting the designated website or calling a toll-free number, as the filed lawsuit alleges that defendants issued false and misleading proxy statements during the acquisition process, impacting shareholder decisions.
- Law Firm Advantage: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, demonstrating its successful track record and encouraging investors to select experienced legal counsel for representation.
- Case Detail Disclosure: The lawsuit alleges that defendants intentionally misrepresented Smartsheet's financial performance, emphasizing fabricated financial metrics to mislead shareholders into approving the acquisition, with key defendant Mark P. Mader facing potential legal accountability.
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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.
