Important Investor Alert: Levi & Korsinsky, LLP Notifies Investors in Alarum Technologies Ltd. of a Potential Securities Class Action
NEW YORK, March 7, 2025
Levi & Korsinsky, LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased Alarum Technologies Ltd. (“Alarum Technologies” or “Company”) (NYSE: ALRM) common stock between February 1, 2023, and November 15, 2024. The lawsuit was filed in the United States District Court for the Southern District of New York, and the case is captioned Goldberg v. Alarum Technologies Ltd. et al, 2:25-cv-01234.
Allegations against Alarum Technologies
The complaint alleges that Alarum Technologies and certain of its top executives made false and misleading statements to the market throughout the Class Period, including but not limited to:
- Exaggerating the Company’s financial prospects and growth potential;
- Misrepresenting the Company’s revenue and earnings;
- Failing to disclose material information regarding the Company’s business, operations, and financial condition;
As a result of this alleged misconduct, Alarum Technologies’ stock traded at artificially inflated prices during the Class Period, causing investors harm.
Impact on Individual Investors
If you purchased Alarum Technologies common stock between February 1, 2023, and November 15, 2024, you may be entitled to recover your losses, including damages. To get more information, go to:
or contact Joseph E. Levi, Esq. or Yuriy Abramov, Esq. at 212-363-7500.
Impact on the World
The impact of this securities class action lawsuit on the world at large is not immediate or direct, as it primarily affects investors who purchased Alarum Technologies common stock during the Class Period. However, the lawsuit may lead to increased scrutiny of the Company’s business practices and financial reporting.
Moreover, it could potentially deter other companies in similar industries from engaging in similar fraudulent activities. Shareholder lawsuits serve as a powerful tool in holding corporations accountable for their actions and ensuring transparency in financial reporting.
Conclusion
Levi & Korsinsky, LLP encourages investors who purchased Alarum Technologies common stock between February 1, 2023, and November 15, 2024, to contact the firm for more information about the securities class action. The firm’s attorneys have extensive expertise in prosecuting securities fraud cases and have recovered significant damages for aggrieved investors.
The filing of this securities class action lawsuit underscores the importance of transparency and honesty in corporate reporting. Shareholders rely on accurate information to make informed investment decisions, and companies that engage in fraudulent activities undermine the integrity of the financial markets.
If you believe that your investments have been impacted by securities fraud, contact Levi & Korsinsky, LLP for a free consultation. Our team of experienced attorneys will help you understand your legal rights and options.
Levi & Korsinsky, LLP represents investors worldwide. By focusing its practice exclusively on securities and corporate finance class action litigation, the firm provides maximized recovery for shareholders and a cost-effective solution.
