Newsfile Corp
11 Aug 2026, 17:51 UTC · 2h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
What the story claims
2 claims · each scored for market impact
A class action lawsuit has been filed against Smartsheet Inc. alleging it repurchased its own stock at market prices while concealing non-public acquisition offers of $56.25 to $56.50 per share. — Legal liabilities and allegations of securities fraud create financial risk and reputational damage for the company.
-0.40Smartsheet was acquired by a consortium of investors for $56.50 per share in a transaction that closed on January 22, 2025. — This is a historical fact about a closed merger and does not provide new catalysts for current price movement.
+0.00Which stocks this story touches
The company is mentioned as being subject to a securities class action lawsuit.
Continue reading
6 related stories
Top 1 mover · tap to explore
The company is mentioned as being subject to a securities class action lawsuit.
The company is facing a class action lawsuit alleging it failed to disclose acquisition offers while repurchasing stock.
Free · No account
Get a free daily PDF briefing — the last 24 hours of news, with summaries and the market-impact score for each story, delivered an hour before the open.
We’ll watch
Pre-filled from this story — remove any you don’t want. Add more tickers & tags or fine-tune your watchlist anytime — every email has an edit link, no account needed.
Free forever · one email a day, max · unsubscribe in one click.How it works
PRNewsWire
9h ago
