SMAR STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Sale of Smartsheet Inc. Is Fair to Shareholders

Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Smartsheet Inc. to Blackstone and Vista Equity Partners for $56.50 per share in cash, focusing on the rights of Smartsheet shareholders [1][2]. Group 1: Investigation Details - The investigation examines whether Smartsheet and its board violated federal securities laws and fiduciary duties by not securing the best possible consideration for shareholders [2]. - Concerns include whether Blackstone and Vista are underpaying for Smartsheet and if all material information necessary for shareholders to assess the merger was disclosed [2]. Group 2: Potential Actions - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other forms of relief related to the proposed transaction [3]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [3]. Group 3: Firm Background - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having recovered millions for defrauded investors [4].