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Shareholders who lost money in shares of Smartsheet Inc. (NYSE: SMAR) should contact Wolf Haldenstein Immediately

  • A class action lawsuit was filed regarding Smartsheet Inc. (NYSE: SMAR) stock sales between June 1, 2024, and September 23, 2024.
  • The lead plaintiff deadline for the case is set for October 5, 2026.
  • Smartsheet received an unsolicited offer from Blackstone Inc. & Vista Equity Partners on January 24, 2024, to purchase shares for $56.25 per share.
  • The Consortium raised its offer to $56.50 per share on July 8, 2024, & reiterated it on August 21, 2024.
  • The complaint alleges Smartsheet repurchased its own stock at prices below the Consortium's undisclosed offers while the public was unaware of the pending deal.
  • The average stock price during the class period was $46.45, significantly lower than the final acquisition price.
  • Smartsheet publicly disclosed the transaction on September 24, 2024, with the merger closing on January 22, 2025, at $56.50 per share.
  • Wolf Haldenstein Adler Freeman & Herz LLP is leading the litigation on behalf of investors who suffered losses.
  • Investors can contact the firm via phone, email, or website at no cost or obligation.