SMAR Investors Have Opportunity to LeadSmartsheet Inc. Securities Lawsuit

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].