Reminder for Smartsheet Shareholder Class Action
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4d ago
0mins
Should l Buy ?
Source: Globenewswire
- Lawsuit Background: Rosen Law Firm reminds all former Smartsheet shareholders of the class action lawsuit related to the January 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.
- Class Action Details: The lawsuit alleges that Smartsheet issued a false and misleading Proxy statement during the acquisition process, intentionally misrepresenting the company's financial performance, which could have influenced shareholder voting decisions.
- Legal Counsel Advice: Rosen Law Firm advises investors to select qualified legal counsel with a proven track record to ensure optimal representation in the class action, steering clear of firms that merely act as intermediaries.
- Historical Achievements: The firm has recovered over $438 million for investors in 2019 alone and was ranked first by ISS Securities Class Action Services in 2017, showcasing its strong capabilities in the securities class action domain.
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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.
