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News  ›  GlobeNewswire Inc.

Bronstein, Gewirtz & Grossman LLC Urges Smartsheet Inc. Investors to Act: Class Action Filed Alleging Investor Harm

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bronstein, Gewirtz & Grossman Llc
Bronstein, Gewirtz & Grossman LLC Urges Smartsheet Inc. Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Smartsheet Inc. alleging false and misleading statements during its January 2025 sale to a consortium including Blackstone, Vista Equity Partners, and Platinum Falcon.

Insights
OMC   positive

Recognized as a significant advertising company positioned to benefit from market expansion and digital transformation


BX   neutral

Mentioned as part of the acquisition consortium without specific allegations of wrongdoing