SMAR Alert: Wohl & Fruchter LLP Files Class Action Lawsuit on Behalf of Shareholders of Smartsheet, Inc., in the U.S. District Court for the Southern District of New York

Lawsuit Details - Wohl & Fruchter LLP filed a class action lawsuit on November 14, 2024, in the United States District Court for the Southern District of New York on behalf of Smartsheet, Inc (NYSE: SMAR) stockholders as of October 25, 2024 [1] - The lawsuit asserts claims under Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 regarding the proposed sale of Smartsheet to affiliates of Blackstone, Inc, Vista Equity Partners Management, LLC, and Platinum Falcon B 2018 RSC Limited [1] - The proposed sale involves a payment of $56.50 per share in cash to Smartsheet stockholders [1] Investor Notification - Smartsheet investors are notified that any member of the purported Class may move the Court to serve as lead plaintiff within 60 days after the date of this notice [2] - Investors can learn more about the class action lawsuit or inquire about their rights by completing a form on Wohl & Fruchter's website or contacting them via phone or email [2] About Wohl & Fruchter - Wohl & Fruchter LLP has over a decade of experience representing investors in litigation arising from fraud and corporate misconduct, recovering hundreds of millions of dollars in damages for investors [3] - The firm has offices in New York City and Monsey and can be contacted through their website, phone, or email [3]