Smartsheet(US:SMAR) Globenewswire·2026-02-15 17:11Core 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]. - To serve as lead plaintiff, individuals must file a motion with the Court by February 24, 2026 [3]. 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, including the largest securities class action settlement against a Chinese company, and has recovered hundreds of millions for investors [4]. Group 3: Allegations Against Smartsheet - The complaint alleges that Smartsheet's solicitation of stockholder approval for the buyout involved a false and misleading Proxy statement, which misrepresented the company's financial performance [5]. - Specific allegations include the intentional mischaracterization of Smartsheet's quarterly earnings and the emphasis on a fabricated financial metric to solicit approval for the buyout [5].