SHAREHOLDER INVESTIGATION: Johnson Fiatel Investigates the Mergers of SMAR, B, TWKS, and PWSC
SAN DIEGO, Oct. 24, 2024 (GLOBE NEWSWIRE) — Johnson Fistel, LLP, a leading stockholder rights law firm, announced that it is investigating claims on behalf of Smartsheet, Inc. (NYSE:SMAR), Barnes Group, Inc. (NYSE: B), Thoughtworks Holding, Inc. (NASDAQ: TWKS), and PowerSchool Holdings, Inc. (NYSE: PWSC) shareholders concerning potential breaches of fiduciary duties related to the proposed sale of the Companies.
Smartsheet Inc. (NYSE:SMAR)
On September 24, 2024, Smartsheet officially announced its acceptance of an acquisition proposal from Blackstone and Vista Equity Partners, whereby shareholders are to be compensated at the rate of $56.50 per share via an all-cash transaction, after which Smartsheet will transition to a privately held entity.
If you have continuously owned Smartsheet shares, you can click or copy and paste the link below in a browser to join this action: https://www.johnsonfistel.com/investigations/Smartsheet
Barnes Group, Inc.
On October 7, 2024, Barnes Group officially announced its acceptance of an acquisition proposal from Apollo Global Management, whereby shareholders will receive $47.50 per share via an all-cash transaction, after which Barnes Group will transition to a privately held entity.
If you have continuously owned Barnes Group shares, you can click or copy and paste the link below in a browser to join this action: https://www.johnsonfistel.com/investigations/the-barnes-group-inc
Thoughtworks Holding, Inc.
On August 5, 2024, Thoughtworks informed the public that it has agreed to a deal with Apax Partners, in which stockholders will receive $4.40 per share in an all-cash offer. Upon completion of the deal, Thoughtworks will be a private Company.
If you have continuously owned Thoughtworks, you can click or copy and paste the link below in a browser to join this action: https://www.cognitoforms.com/JohnsonFistel/ThoughtworksHoldingInc
PowerSchool Holdings, Inc.
On June 7, 2024, PowerSchool informed the public that it has agreed to a deal with Bain Capital, in which shareholders will receive $22.80 per share in an all-cash offer.
If you have continuously owned PowerSchool shares, you can click or copy and paste the link below in a browser to join this action: https://www.cognitoforms.com/JohnsonFistel/PowerSchoolHoldingsInc
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. Johnson Fistel seeks to recover losses incurred due to violations of federal securities laws. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, Lead Securities Analyst
Telephone: (619) 814-4471
Email: [email protected]
