Reminder of Smartsheet Acquisition Lawsuit
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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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 January 2025 acquisition by Blackstone and partners, with a crucial lead plaintiff deadline set for February 24, 2026.
- Compensation Opportunity: Former Smartsheet shareholders may seek compensation through a contingency fee arrangement, indicating that the lawsuit could provide financial restitution for investors affected by the acquisition.
- False Statement Allegations: The lawsuit alleges that Smartsheet misled shareholders in its Proxy statement during the acquisition process by emphasizing fabricated financial metrics, potentially influencing shareholder voting decisions.
- Law Firm's Strength: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, showcasing its expertise and resource advantages in handling such cases.
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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.
