Newsfile Corp
22 Aug 2026, 03:49 UTC · 1h ago
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What the story claims
2 claims · each scored for market impact
A class action lawsuit alleges Smartsheet repurchased its own stock at market prices while secretly holding acquisition offers of $56.25–$56.50 per share. — Allegations of securities fraud and failure to disclose material acquisition offers create significant legal and reputational risk.
-0.60The deadline for investors to move the court to serve as lead plaintiff in the Smartsheet securities litigation is October 5, 2026. — Procedural milestones in class actions sustain legal pressure on the entity, though they don't immediately move stock prices.
-0.20Which stocks this story touches
The company is the subject of a securities class action lawsuit alleging failure to disclose acquisition offers while repurchasing shares.
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The company is mentioned as being involved in a securities class action lawsuit.
The company is mentioned as being involved in a securities class action lawsuit.
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Newsfile Corp
2h ago
