Blackstone Inc.
BX · Financial Services
$136.66
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Bronstein, Gewirtz & Grossman LLC Urges Smartsheet Inc. Investors to Act: Class Action Filed Alleging Investor Harm
A class action lawsuit has been filed against Smartsheet Inc. alleging that company defendants made materially false and misleading statements and failed to disclose acquisition offers from Blackstone and Vista Equity Partners while conducting a $50 million share repurchase program. Investors who purchased Smartsheet securities between June 1, 2024 and September 23, 2024 are encouraged to join the case, with a lead plaintiff deadline of October 5, 2026.
Why Blackstone Inc. (BX) is a Top Stock for the Long-Term
Zacks presents its Focus List investment strategy, a curated portfolio of 50 stocks designed to outperform the market over 12 months. The strategy relies on earnings estimate revisions and the proprietary Zacks Rank system. Historical performance shows the Focus List returned 2,519.23% cumulatively since 1996 versus the S&P 500's 854.95%. Blackstone Inc. is highlighted as a recent addition to the Focus List.
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Bronstein, Gewirtz & Grossman LLC Urges Smartsheet Inc. Investors to Act: Class Action Filed Alleging Investor Harm
A class action lawsuit has been filed against Smartsheet Inc. alleging that company defendants made materially false statements and failed to disclose that Blackstone Inc. and Vista Equity Partners made acquisition offers while the company repurchased approximately 1.128 million shares for $50 million without disclosing these offers to investors. The class period covers June 1, 2024 to September 23, 2024.