Snapshot from Aug 24, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Regulatory / Smartsheet securities class action lawsuit
Regulatory securities class action

Smartsheet securities class action lawsuit

Analysis based on 38 articles · First reported Aug 05, 2026 · Last updated Aug 19, 2026

Sentiment
-30
Attention
2
Articles
38
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The lawsuit could lead to financial penalties for Smartsheet and reputational damage, potentially affecting its stock price and investor confidence. The allegations of undisclosed acquisition talks and share repurchases may also raise regulatory scrutiny and impact the company's future M&A activities.

Software Legal Services
Event Summary

A securities class action lawsuit has been filed against Smartsheet Inc. and certain of its officers, alleging violations of federal securities laws during the Class Period from June 1, 2024 to September 23, 2024. The complaint alleges that Smartsheet repurchased approximately 1,128,000 shares for about $50 million while failing to disclose that Blackstone Inc. and Vista Equity Partners had made credible offers to acquire the company at a significant premium. The lawsuit, announced by law firms Bronstein, Gewirtz & Grossman, LLC and Robbins LLP, seeks damages for investors who sold Smartsheet stock during the Class Period. Investors have until October 5, 2026 to seek appointment as lead plaintiff.

Key Actions
100 Bronstein, Gewirtz & Grossman, LLC filed class action Smartsheet
90 Robbins LLP filed class action Smartsheet
90 Rosen Law Firm filed class action lawsuit Smartsheet
75 Smartsheet repurchased shares
70 Blackstone Inc. made acquisition offer Smartsheet
70 Vista Equity Partners made acquisition offer Smartsheet
Entities Involved
stock
Smartsheet
Smartsheet is the defendant in the class action lawsuit, accused of securities fraud for repurchasing shares without disclosing acquisition offers. The litigation could result in financial damages and harm its reputation.
Importance 100.0 Sentiment -40.0
stock
Blackstone Inc.
Blackstone Inc. is one of the acquirers that made credible offers to buy Smartsheet at a premium. Its involvement is central to the allegations of undisclosed acquisition talks.
Importance 70.0 Sentiment 10.0
priv
Vista Equity Partners
Vista Equity Partners, along with Blackstone, made acquisition offers to Smartsheet. The lawsuit alleges that Smartsheet failed to disclose these offers during its share repurchases.
Importance 70.0 Sentiment 10.0
priv
Bronstein, Gewirtz & Grossman, LLC
Bronstein, Gewirtz & Grossman, LLC is one of the law firms that filed the class action lawsuit against Smartsheet. The firm represents investors on a contingency fee basis and seeks to recover damages.
Importance 60.0 Sentiment 20.0
priv
Robbins LLP
Robbins LLP is another law firm that filed a securities class action against Smartsheet. It reminds investors of the lead plaintiff deadline and represents shareholders in the litigation.
Importance 60.0 Sentiment 20.0
per
Peretz Bronstein
Peretz Bronstein is the founding partner of Bronstein, Gewirtz & Grossman, LLC and is involved in the class action against Smartsheet. He is a contact for investors seeking to join the lawsuit.
Importance 30.0 Sentiment 10.0
per
Nathan Miller
Nathan Miller is the Client Relations Manager at Bronstein, Gewirtz & Grossman, LLC and serves as a contact for investors in the Smartsheet class action.
Importance 20.0 Sentiment 10.0
per
Brian J. Robbins
Brian J. Robbins is the founding partner of Robbins LLP, which is involved in the Smartsheet class action. He emphasizes corporate accountability and shareholder rights.
Importance 20.0 Sentiment 10.0
per
Aaron Dumas, Jr.
Aaron Dumas, Jr. is an attorney at Robbins LLP who is available to provide information about the Smartsheet class action to investors.
Importance 20.0 Sentiment 10.0
Relationships
Bronstein, Gewirtz & Grossman, LLC co-counsel ↔ Robbins LLP Bronstein, Gewirtz & Grossman, LLC frequently serves as co-counsel with Robbins LLP in numerous securities class action
Bronstein, Gewirtz & Grossman, LLC related ↔ Peretz Bronstein
Bronstein, Gewirtz & Grossman, LLC related ↔ Nathan Miller
Bronstein, Gewirtz & Grossman, LLC related ↔ Aaron Dumas, Jr.
Robbins LLP related ↔ Peretz Bronstein
Robbins LLP related ↔ Nathan Miller
Robbins LLP related ↔ Aaron Dumas, Jr.
Peretz Bronstein principal ↔ Nathan Miller Peretz Bronstein is the founding partner of Bronstein, Gewirtz & Grossman, LLC, and acts as a principal for Nathan Mille
Peretz Bronstein related ↔ Aaron Dumas, Jr.
Nathan Miller related ↔ Aaron Dumas, Jr.
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