Rosen Law Firm said a securities class action is pending over trading in Smartsheet Inc. common stock during the period from June 1, 2024 through September 23, 2024, and highlighted an October 5, 2026 deadline for investors seeking to serve as lead plaintiff. The filing centers on allegations that Smartsheet repurchased shares while non-public acquisition offers from a consortium of investors were outstanding, including proposals of $56.25 per share on January 24, 2024 and $56.50 per share on July 8, 2024 that was reiterated on August 21, 2024. The lawsuit alleges Smartsheet should have disclosed the formal acquisition offer or refrained from buying stock from investors at market prices below the bid. During the class period, the company’s average stock price was $46.45 per share. Smartsheet disclosed the transaction with the consortium in pre-market trading on September 24, 2024, and the merger later closed on January 22, 2025 at $56.50 per share, according to the notice. Rosen Law said investors may choose their own counsel, may remain absent class members, and do not need to serve as lead plaintiff to share in any potential future recovery.