Newsfile Corp
18 Aug 2026, 00:12 UTC · 1h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
What the story claims
3 claims · each scored for market impact
A securities class action lawsuit has been filed against Smartsheet Inc. alleging the company failed to disclose acquisition offers while repurchasing its own stock from investors. — Allegations of securities fraud and failure to disclose material information typically create legal liabilities and reputational risk.
-0.40Smartsheet reportedly repurchased common stock at market prices (averaging $46.45) while holding undisclosed acquisition offers between $56.25 and $56.50 per share. — This specific claim of opportunistic insider trading/non-disclosure strengthens the legal case and increases the likelihood of a costly settlement.
-0.30The deadline for investors to move the Court to serve as lead plaintiff in the Smartsheet class action is October 5, 2026. — Procedural deadlines have minimal direct market impact but signal the progression of the litigation process.
-0.10Which stocks this story touches
Continue reading
6 related stories
Search tags
The company is mentioned as being subject to a securities class action lawsuit.
The company is mentioned as being subject to a securities class action lawsuit.
The company is facing a securities class action lawsuit alleging it withheld acquisition offer details while repurchasing shares.
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
6h ago
