SAN DIEGO, Jan. 27, 2026 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that Smartsheet Inc. (NYSE: SMAR) shareholders who held Smartsheet securities as of the record date, October 25, 2024, and were harmed by defendants' alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 in connection with the acquisition of Smartsheet by Blackstone Inc., Vista Equity Partners Management, LLC, and the Abu Dhabi Investment Authority ("Merger"), have until February 24, 2026 to s ...

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 of 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 mischaracterized 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 of 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 mischaracterized the company's financial performance [5]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience [4]. - Rosen Law Firm has a history of successful settlements in securities class actions, including significant recoveries for investors [4].

Core Viewpoint - A class action lawsuit has been filed against Smartsheet, Inc. by investors who purchased securities as of October 25, 2024, alleging misleading information in the company's proxy statement related to a merger approval [1][4]. Group 1: Class Action Details - Investors have until February 24, 2026, to file a lead plaintiff motion in the class action lawsuit [1]. - The lawsuit claims that Smartsheet's proxy statement contained false and misleading information, which led shareholders to approve a merger at an unfair price of $56.50 per share [4]. Group 2: Financial Metrics and Disclosures - Smartsheet, as a SaaS company, tracks its Annual Recurring Revenue (ARR) as a key financial metric, which reflects normalized recurring revenue from subscription services [3]. - The lawsuit alleges that the proxy statement failed to disclose the ARR metric, which management had indicated was a crucial indicator of the company's future financial performance [5]. - Additionally, the proxy did not include January 2024 forecasts that were prepared in the ordinary course of business, preventing shareholders from fully assessing Smartsheet's financial prospects [5].

Core Viewpoint - Rosen Law Firm is reminding former stockholders of Smartsheet Inc. about a class action lawsuit related to the company's sale 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 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 - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience [4]. - Rosen Law Firm has a history of successful settlements in securities class actions, including significant recoveries for investors [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]. - The complaint alleges that Smartsheet's solicitation of stockholder approval for the Buyout involved a false and misleading Proxy statement that mischaracterized the company's financial performance [5]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [4]. - Rosen Law Firm has a history of significant recoveries for investors, including over $438 million in 2019 alone, and has been recognized for its success in securities class action settlements [4].

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].

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 of 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 - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience [4]. - Rosen Law Firm has a history of successful settlements in securities class actions, including significant recoveries for investors [4].

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].