Rosen Law Firm has issued a reminder to former shareholders of Smartsheet Inc. regarding the upcoming deadline to file claims in a securities class action related to the company’s January 2025 acquisition. Smartsheet was acquired by a consortium consisting of Blackstone-managed investment funds, Vista Equity Partners, and Platinum Falcon, an affiliate of the Abu Dhabi Investment Authority. The deadline to seek lead plaintiff status in the case is February 24, 2026.
Investors who held shares of Smartsheet before the merger are encouraged to consult with legal counsel promptly to protect their rights and consider participation in the ongoing litigation.
**Why this matters**
This deadline represents a crucial opportunity for affected investors to join the class action and potentially recover losses related to the sale of Smartsheet. Missing the deadline could result in losing the chance to participate in any settlement or judgment arising from the case.
Source: NewsData