Important Information for Investors of Alarum Technologies Ltd.: Rosen Law Firm Issues Reminder Regarding Class Action Lawsuit
New York, NY – March 6, 2025
Rosen Law Firm, a leading global investor rights law firm, reminds purchasers of Alarum Technologies Ltd. (NASDAQ: ALAR) securities between March 14, 2024, and August 26, 2024 (the “Class Period”), of the significant deadline in the ongoing class action lawsuit. The lead plaintiff deadline is approaching, and investors who wish to participate in this action must file their motion no later than April 15, 2025.
Class Action Lawsuit Overview
The class action lawsuit alleges that Alarum Technologies Ltd. and certain of its top executives violated the Securities Exchange Act of 1934 by making false and/or misleading statements and/or failing to disclose material information during the Class Period. Specifically, the lawsuit alleges that the defendants made false and/or misleading statements and/or failed to disclose that:
- Alarum Technologies Ltd. was experiencing significant operational and financial challenges;
- The company’s financial statements were overstated;
- The company’s revenue growth was not sustainable;
- The company’s internal controls were inadequate;
Effect on Individual Investors
If you purchased Alarum Technologies Ltd. securities during the Class Period, you may be eligible to recover your losses, as the lawsuit aims to hold the defendants accountable for their actions. The lead plaintiff deadline, however, is approaching, so it is crucial for potential claimants to act promptly.
Effect on the World
This class action lawsuit and the allegations made against Alarum Technologies Ltd. could have far-reaching consequences, particularly for investors in the technology sector. If found liable, the defendants will be held accountable for their actions and may face significant financial penalties. Moreover, this case could serve as a reminder to companies to ensure the accuracy and transparency of their financial statements, and to investors to exercise due diligence before making investment decisions.
Conclusion
Investors who purchased Alarum Technologies Ltd. securities between March 14, 2024, and August 26, 2024, have until April 15, 2025, to file a motion to serve as the lead plaintiff in the ongoing class action lawsuit. This deadline is crucial for potential claimants, as it represents their opportunity to participate in the case and potentially recover their losses. If you believe you may be eligible to join the class action lawsuit, it is recommended that you contact Rosen Law Firm as soon as possible.
As a reminder, the allegations made in this lawsuit are just that – allegations – and the defendants are presumed innocent until proven guilty in a court of law. For more information, please visit
