Core Viewpoint - The Smartsheet Inc. class action lawsuit alleges that shareholders were misled during the acquisition process by Blackstone Inc., Vista Equity Partners Management, LLC, and the Abu Dhabi Investment Authority, resulting in an unfair price for their shares [3][4]. Group 1: Class Action Details - Shareholders who held Smartsheet securities as of October 25, 2024, can seek appointment as lead plaintiff until February 24, 2026 [1]. - The lawsuit is titled Kara Eftimoglu v. Mader, No. 25-cv-02530 (W.D. Wash.) [1]. - The lawsuit claims that a misleading Schedule 14A Proxy statement was issued, leading to the approval of the merger at an unfair price of $56.50 per share [3]. Group 2: Allegations Against Smartsheet - The lawsuit alleges that Smartsheet's management promoted its Annual Recurring Revenue (ARR) metric as a key indicator of future performance, but this was not disclosed in the Proxy [4]. - The Proxy also failed to include January 2024 forecasts, preventing shareholders from fully assessing Smartsheet's financial prospects [4]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who held Smartsheet securities to seek lead plaintiff status, with the lead plaintiff representing the interests of the class [5]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [6].

New York, New York--(Newsfile Corp. - January 15, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds all former stockholders of Smartsheet Inc. (NYSE: SMAR) in connection with the January 2025 sale (the "Merger" or "Buyout") of Smartsheet to affiliates of investment funds managed by affiliates of Blackstone Inc. (collectively "Blackstone"), investment funds managed by Vista Equity Partners Management, LLC ("Vista Equity Partners" or "Vista"), and Platinum Falcon B 2018 RSC Limited, an ...

Core Viewpoint - The Smartsheet Inc. class action lawsuit has been initiated due to alleged violations related to the acquisition by Blackstone Inc., Vista Equity Partners Management, LLC, and the Abu Dhabi Investment Authority, with shareholders having until February 24, 2026, to seek lead plaintiff status [1][5]. Group 1: Class Action Details - Shareholders who held Smartsheet securities as of October 25, 2024, are eligible to participate in the class action lawsuit [1][2]. - The lawsuit alleges that a misleading Schedule 14A Proxy statement was issued, which led to shareholders approving the merger at an unfair price of $56.50 per share [3][4]. - The complaint claims that the Proxy failed to disclose important financial metrics, such as the Annual Recurring Revenue (ARR), which was touted in press releases and earnings calls as a key indicator of Smartsheet's financial performance [4]. Group 2: Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who held Smartsheet securities as of the record date to seek lead plaintiff status, representing the interests of the class [5]. - The lead plaintiff can choose a law firm to litigate the case, and participation as a lead plaintiff does not affect an investor's ability to share in any potential recovery [5]. Group 3: Company Background - Smartsheet is an enterprise software company that provides software-as-a-service (SaaS) work management solutions, tracking its Annual Recurring Revenue (ARR) as a key performance metric [2].

Core Viewpoint - Rosen Law Firm is reminding former stockholders of Smartsheet Inc. about a class action lawsuit related to the January 2025 sale of Smartsheet to a consortium led by Blackstone, Vista Equity Partners, and Platinum Falcon, with a lead plaintiff deadline set for February 24, 2026 [1]. Group 1: Class Action Details - Former Smartsheet stockholders may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The complaint alleges that Smartsheet's solicitation of stockholder approval for the buyout involved a misleading Proxy statement that misrepresented the company's financial performance [5]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has recovered hundreds of millions of dollars for investors and has been recognized for its performance in securities class action settlements [4].

Core Viewpoint - Rosen Law Firm is reminding former stockholders of Smartsheet Inc. about a class action lawsuit related to the January 2025 sale of Smartsheet to a consortium including Blackstone, Vista Equity Partners, and Platinum Falcon, with a lead plaintiff deadline set for February 24, 2026 [1]. Group 1: Class Action Details - Former Smartsheet stockholders may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by February 24, 2026 [3]. - Investors are encouraged to select qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Allegations Against Smartsheet - The complaint alleges that Smartsheet's solicitation of stockholder approval for the Buyout involved a false and misleading Schedule 14A Proxy statement, which mischaracterized the company's financial performance [5]. - Defendants are accused of deliberately presenting Smartsheet's quarterly earnings negatively and emphasizing a fabricated financial metric to solicit approval for the Buyout [5].

Core Viewpoint - The Smartsheet class action lawsuit alleges that shareholders were misled during the acquisition process by Blackstone Inc., Vista Equity Partners Management, LLC, and the Abu Dhabi Investment Authority, resulting in an unfair cash price of $56.50 per share for Smartsheet common stock [3][4]. Group 1: Class Action Details - Shareholders who held Smartsheet securities as of October 25, 2024, can seek appointment as lead plaintiff in the class action lawsuit by February 24, 2026 [1]. - The lawsuit is titled Kara Eftimoglu v. Mader, No. 25-cv-02530 (W.D. Wash.) [1]. - The lawsuit claims that a misleading Schedule 14A Proxy statement was issued, which led to the approval of the Merger by Smartsheet's former shareholders [3]. Group 2: Allegations Against Smartsheet - The complaint alleges that Smartsheet's management promoted its Annual Recurring Revenue (ARR) metric as a key indicator of future financial performance, yet this information was not disclosed in the Proxy [4]. - The Proxy also failed to include January 2024 forecasts prepared in the ordinary course of business, which would have allowed shareholders to better assess Smartsheet's financial prospects [4]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who held Smartsheet securities as of the record date to seek lead plaintiff status [5]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6].

NEW YORK, Jan. 06, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of all former stockholders of Smartsheet Inc. (NYSE: SMAR) in connection with the January 2025 sale (the “Merger” or “Buyout”) of Smartsheet to affiliates of investment funds managed by affiliates of Blackstone Inc. (collectively “Blackstone”), investment funds managed by Vista Equity Partners Management, LLC (“Vista Equity Partners” or “Vista”), and Platinum Falcon ...

Core Viewpoint - A class action lawsuit has been filed against Smartsheet Inc. regarding allegations of securities fraud and unlawful business practices related to a recent merger [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Smartsheet and certain officers and directors engaged in securities fraud during the solicitation of stockholder approval for a merger with investment funds managed by Blackstone, Vista Equity Partners, and others [4][5]. - Investors have until February 24, 2026, to request to be appointed as Lead Plaintiff if they purchased Smartsheet securities during the class period [2]. Group 2: Allegations Against Smartsheet - The complaint alleges that Smartsheet issued a misleading Schedule 14A Proxy statement to the U.S. Securities and Exchange Commission, mischaracterizing the company's financial performance to solicit approval for the merger [5]. - The Proxy allegedly presented the company's quarterly earnings negatively and emphasized a financial metric created specifically for the merger approval process [5]. Group 3: Financial Implications - The merger consideration was set at $56.50 per share, which was within the range of a discounted cash flow analysis but below several analyst price targets that had been raised following the company's successes in early 2024 [6].

Core Viewpoint - A class action lawsuit has been announced by Rosen Law Firm on behalf of former stockholders of Smartsheet Inc. regarding the January 2025 sale of the company to a consortium including Blackstone, Vista Equity Partners, and Platinum Falcon [1] Group 1: Lawsuit Details - The lawsuit claims that Smartsheet's management issued a misleading Proxy statement to solicit stockholder approval for the Buyout, misrepresenting the company's financial performance [5] - Allegations include that the Proxy emphasized a fabricated financial metric and portrayed quarterly earnings negatively to influence the approval process [5] Group 2: Participation Information - Former Smartsheet stockholders may join the class action without incurring out-of-pocket fees through a contingency fee arrangement [2] - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [3][6] Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and recognition in the field [4] - The firm has recovered hundreds of millions for investors, including over $438 million in 2019 alone [4]

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of former stockholders of Smartsheet Inc. related to its January 2025 sale to a consortium including Blackstone, Vista Equity Partners, and Platinum Falcon [1] Group 1: Lawsuit Details - The lawsuit claims that Smartsheet's management issued a misleading Proxy statement to solicit stockholder approval for the Buyout, mischaracterizing the company's financial performance [5] - Allegations include that the Proxy emphasized a fabricated financial metric and presented quarterly earnings negatively to influence the approval process [5] Group 2: Participation Information - Former Smartsheet stockholders may be entitled to compensation through a contingency fee arrangement, meaning no out-of-pocket costs for them [2] - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [3][6] Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [4] - The firm has been recognized for its success in securities class action settlements and has a history of representing investors globally [4]