Smartsheet(US:SMAR) TMX Newsfile·2026-02-01 02:44Core 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 lack the necessary experience [4]. - Rosen Law Firm has a history of successful settlements in securities class actions, including significant recoveries for investors [4]. Group 3: Case Allegations - The complaint claims that the defendants intentionally mischaracterized Smartsheet's financial success and used fabricated financial metrics to solicit approval for the buyout [5]. - It is alleged that Mark P. Mader, a defendant, failed to exercise reasonable care in fulfilling his disclosure duties [5].