Newsfile Corp
24 Sept 2026, 02:08 UTC · 2h ago
Verdict
Headline takes no side. We score SMAR −0.80 across two claims — strongly bearish.
−0.80strongly bearish
More negative than 85% of ticker scores this week
What the story claims
2 claims · scored −1 bearish … +1 bullish · 1 new · 1 priced in
Smartsheet faces a securities class action alleging it repurchased stock at an average price of $46.45 while concealing acquisition offers of $56.25 and $56.50 per share.
Priced indiscusses merger closed Jan 22, 2025
So whatThe gap of ~$10 per share between the average price and the offer suggests a significant potential settlement liability.
More negative than 78% of claims this week
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Scored by the NIS engine · methodology.
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The deadline for investors to move the Court to serve as lead plaintiff in the Smartsheet class action is October 5, 2026.
Newpress release dated September 23, 2026
More negative than 65% of claims this week
Which stocks this story touches
More negative than 85% of ticker scores this week
The company is facing a securities class action lawsuit alleging it withheld acquisition offer information while repurchasing stock.
More negative than 78% of ticker scores this week
The company is mentioned in the context of a securities class action lawsuit.
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GlobeNewsWire
4h ago
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No price for SMAR right now — the quote feed didn't answer.
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