PRNewsWire
24 Sept 2026, 21:39 UTC · 1h ago
Verdict
Headline leans bearish. We score ASTS −1.00 across three claims.
Score confirms the headline.
Leans bearish
From its wording — no explicit rating
−1.00strongly bearish
What the story claims
3 claims · scored −1 bearish … +1 bullish · 2 new · 1 priced in
Pomerantz LLP has filed a class action lawsuit alleging Smartsheet engaged in securities fraud by repurchasing stock while concealing acquisition offers from Blackstone and Vista Equity Partners.
Newpress release dated Sep 24, 2026
More negative than 78% of claims this week
The lawsuit alleges Smartsheet repurchased shares at market prices during a class period (June 1 to September 23, 2024) where the average price was $46.45, despite a $56.50 per share offer.
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5 related stories
More negative than 95% of ticker scores this week
Scored by the NIS engine · methodology.
Top 3 movers · tap to explore
Priced indetails regarding 2024 events
So whatThe alleged price gap of $10.05 per share per single share purchased creates the basis for the damage calculations in the claim.
More negative than 70% of claims this week
Investors have until October 5, 2026, to apply to be appointed as Lead Plaintiff in the class action.
Newpress release dated Sep 24, 2026
Near neutral — 97% of claims this week are stronger
Which stocks this story touches
More negative than 95% of ticker scores this week
The company is the subject of a class action lawsuit filed by Pomerantz LLP.
More negative than 95% of ticker scores this week
The company is facing a class action lawsuit alleging securities fraud and unlawful business practices regarding stock repurchases.
More negative than 95% of ticker scores this week
The company is the subject of a class action lawsuit filed by Pomerantz LLP.
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PRNewsWire
1h ago
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ASTS hasn't traded since this ran. Last close $61.06 (Sep 24); the reaction starts at the next open.
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