New York, New York--(Newsfile Corp. - August 17, 2026) - Kaplan Fox &amp; Kilsheimer LLP announces that a class action lawsuit has been filed against Smartsheet Inc. (&#34;Smartsheet&#34; or the &#34;Company&#34;)

<p>New York, New York--(Newsfile Corp. - August 17, 2026) - <a href="https://api.newsfilecorp.com/redirect/7nkPNCPBgD">Kaplan Fox &#38; Kilsheimer LLP</a> announces that a class action lawsuit has been filed against Smartsheet Inc. ("Smartsheet" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/SMAR">SMAR</a>) on behalf of sellers of the common stock of Smartsheet between June 1, 2024 and September 23, 2024 (the "Class Period").</p><p style="text-align: center;"><a href="https://api.newsfilecorp.com/redirect/ejrAMFQwbB">CLICK HERE TO JOIN THE CASE</a></p><p><b>If you sold Smartsheet shares during the Class Period, you may </b><a href="https://api.newsfilecorp.com/redirect/87BbXum2pX"><b>CLICK HERE</b></a><b> to contact us. You may also contact Kaplan Fox by emailing </b><a href="mailto:pmayer@kaplanfox.com"><b>pmayer@kaplanfox.com</b></a><b> or by calling (646) 315-9003.</b></p><p><b>DEADLINE REMINDER: </b>If you are a member of the proposed Class, you may move the court <u><b>no later than October 5, 2026</b></u> to serve as a lead plaintiff for the purported class.  If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.</p><p>The complaint alleges that throughout the Class Period, Smartsheet was repurchasing Smartsheet stock at the same time that Defendants knew that Smartsheet had received a formal acquisition offer from Blackstone Inc. and Vista Equity Partners Management, LLC (the "Consortium") to purchase all outstanding shares of Smartsheet common stock at prices significantly above the then-current market prices of Smartsheet common stock, and therefore significantly above the prices at which Smartsheet was repurchasing Smartsheet common stock from unsuspecting Class members. Further, according to the complaint, Smartsheet had an obligation to disclose that it had received a formal acquisition offer from the Consortium, or abstain from purchasing Smartsheet stock from unsuspecting investors. </p><p><b>WHY CONTACT KAPLAN FOX?</b></p><p>Kaplan Fox &#38; Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.</p><p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in <i>In re Bank of America</i>&#8212;the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act&#8212;$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in <i>ATRS v. Allianz Global Investors</i>, and a $475 million settlement in <i>In re Merrill Lynch</i>.</p><p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.</p><p>If you have any questions about this Notice, your rights, or your interests, please contact:</p><div id="contactInfo"><p><b>CONTACT:</b><br />Pamela A. Mayer<br /><a href="https://api.newsfilecorp.com/redirect/y4YPVsyemD">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />800 Third Avenue, 38th Floor<br />New York, New York 10022<br />(646) 315-9003<br /><a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a></p><p>Laurence D. King<br /><a href="https://api.newsfilecorp.com/redirect/1KjnRiQK7M">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />1999 Harrison Street, Suite 1501<br />Oakland, California 94612<br />(415) 772-4704<br /><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p></div><p>Contacting or submitting information to Kaplan Fox &#38; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p><p><a href="https://api.newsfilecorp.com/redirect/A8Y1GhXr0e">https://www.kaplanfox.com/case/smartsheet-inc-investor-alert-learn-more-now/</a></p><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/12532/309967_e14ef25bb4792a97_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/ZEwnMspJ7m">https://www.newsfilecorp.com/release/309967</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/309967/197" alt="" /></p>

SMAR

Kaplan Fox Encourages Investors of Smartsheet Inc. (SMAR) Who Suffered Losses to Contact the Firm Before October 5, 2026

Smartsheet Faces Class-Action Over Stock Buybacks During Acquisition Talks

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>New York, New York--(Newsfile Corp. - August 17, 2026) - Kaplan Fox &amp;amp; Kilsheimer LLP announces that a class action lawsuit has been filed against Smartsheet Inc. (&amp;#34;Smartsheet&amp;#34; or the &amp;#34;Company&amp;#34;)</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Investors face a potential legal overhang as Kaplan Fox alleges Smartsheet repurchased stock while knowing a formal Blackstone-Vista bid existed. The complaint argues non-disclosure or improper timing during the Class Period (6/1/2024–9/23/2024). The case could prompt settlements or governance scrutiny, though material financial impact remains uncertain in the near term.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Kaplan Fox files securities class action vs Smartsheet (SMAR).</li><li>Alleges stock repurchases occurred during acquisition talks.</li><li>Claims company should have disclosed offer or abstained from buys.</li><li>Lead plaintiff deadline: October 5, 2026.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Smartsheet Inc. (SMAR)</strong>: Subject of suit alleging improper stock repurchases during acquisition talks.</li><li><strong>Blackstone Inc. (BX)</strong>: Alleged formal acquisition offer; potential price premium.</li><li><strong>Vista Equity Partners (N/A)</strong>: Consortia partner; private equity sponsor; no public ticker.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal; reflects investor risk from potential misstatement/omission claims tied to stock buybacks during an acquisition process; this could affect governance perception and valuation if proven.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Legal progress or settlement could drive SMAR volatility.</li><li>No disclosed financial impact yet; potential settlement or penalties could affect cash flow.</li><li>Acquisition talks with Blackstone and Vista amplify sensitivity to claims.</li><li>Lead plaintiff process deadline Oct 5, 2026; longer horizon reduces immediate material risk.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Class Period: June 1, 2024 – September 23, 2024.</li><li>Deadline to move for lead plaintiff: October 5, 2026.</li><li>Alleged acquisition offer from Blackstone Inc. and Vista Equity Partners.</li><li>Smartsheet allegedly repurchased shares during the Class Period.</li><li>Case filed by Kaplan Fox &amp; Kilsheimer LLP.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Neutral with near-term volatility possible; monitor case progress, potential settlement, and disclosure developments.</p>
  </section>
</section>


<p>New York, New York--(Newsfile Corp. - August 17, 2026) - <a href="https://api.newsfilecorp.com/redirect/7nkPNCPBgD">Kaplan Fox &#38; Kilsheimer LLP</a> announces that a class action lawsuit has been filed against Smartsheet Inc. ("Smartsheet" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/SMAR">SMAR</a>) on behalf of sellers of the common stock of Smartsheet between June 1, 2024 and September 23, 2024 (the "Class Period").</p><p style="text-align: center;"><a href="https://api.newsfilecorp.com/redirect/ejrAMFQwbB">CLICK HERE TO JOIN THE CASE</a></p><p><b>If you sold Smartsheet shares during the Class Period, you may </b><a href="https://api.newsfilecorp.com/redirect/87BbXum2pX"><b>CLICK HERE</b></a><b> to contact us. You may also contact Kaplan Fox by emailing </b><a href="mailto:pmayer@kaplanfox.com"><b>pmayer@kaplanfox.com</b></a><b> or by calling (646) 315-9003.</b></p><p><b>DEADLINE REMINDER: </b>If you are a member of the proposed Class, you may move the court <u><b>no later than October 5, 2026</b></u> to serve as a lead plaintiff for the purported class.  If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.</p><p>The complaint alleges that throughout the Class Period, Smartsheet was repurchasing Smartsheet stock at the same time that Defendants knew that Smartsheet had received a formal acquisition offer from Blackstone Inc. and Vista Equity Partners Management, LLC (the "Consortium") to purchase all outstanding shares of Smartsheet common stock at prices significantly above the then-current market prices of Smartsheet common stock, and therefore significantly above the prices at which Smartsheet was repurchasing Smartsheet common stock from unsuspecting Class members. Further, according to the complaint, Smartsheet had an obligation to disclose that it had received a formal acquisition offer from the Consortium, or abstain from purchasing Smartsheet stock from unsuspecting investors. </p><p><b>WHY CONTACT KAPLAN FOX?</b></p><p>Kaplan Fox &#38; Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.</p><p>Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in <i>In re Bank of America</i>&#8212;the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act&#8212;$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in <i>ATRS v. Allianz Global Investors</i>, and a $475 million settlement in <i>In re Merrill Lynch</i>.</p><p>For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.</p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.</p><p>If you have any questions about this Notice, your rights, or your interests, please contact:</p><div id="contactInfo"><p><b>CONTACT:</b><br />Pamela A. Mayer<br /><a href="https://api.newsfilecorp.com/redirect/y4YPVsyemD">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />800 Third Avenue, 38th Floor<br />New York, New York 10022<br />(646) 315-9003<br /><a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a></p><p>Laurence D. King<br /><a href="https://api.newsfilecorp.com/redirect/1KjnRiQK7M">KAPLAN FOX &#38; KILSHEIMER LLP</a><br />1999 Harrison Street, Suite 1501<br />Oakland, California 94612<br />(415) 772-4704<br /><a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a></p></div><p>Contacting or submitting information to Kaplan Fox &#38; Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.</p><p><a href="https://api.newsfilecorp.com/redirect/A8Y1GhXr0e">https://www.kaplanfox.com/case/smartsheet-inc-investor-alert-learn-more-now/</a></p><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/12532/309967_e14ef25bb4792a97_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/ZEwnMspJ7m">https://www.newsfilecorp.com/release/309967</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/309967/197" alt="" /></p>

Investors face a potential legal overhang as Kaplan Fox alleges Smartsheet repurchased stock while knowing a formal Blackstone-Vista bid existed. The complaint argues non-disclosure or improper timing during the Class Period (6/1/2024–9/23/2024). The case could prompt settlements or governance scrutiny, though material financial impact remains uncertain in the near term.

News insight

Kaplan Fox Encourages Investors of Smartsheet Inc. (SMAR) Who Suffered Losses to Contact the Firm Before October 5, 2026

AI summary

Sentiment rationale

Key facts

Legal