Important Notice for Alarum Technologies Ltd. Shareholders
New York, NY, March 20, 2025
The Gross Law Firm, a leading securities litigation law firm, issues a notice to all shareholders of Alarum Technologies Ltd. (NASDAQ: ALAR) regarding an ongoing investigation into potential securities laws violations. The investigation focuses on alleged misstatements and omissions made by Alarum Technologies Ltd. in its SEC filings and public statements between January 1, 2023, and December 31, 2024.
Background
Alarum Technologies Ltd., a Nasdaq-listed company, is a leading provider of AI-driven cybersecurity solutions. The company’s stock price saw significant growth during the period under investigation, reaching an all-time high of $120.50 per share in November 2024. However, the stock price dropped by more than 40% in January 2025, following a series of negative news reports and regulatory filings.
The Investigation
The Gross Law Firm, on behalf of its clients, is investigating whether Alarum Technologies Ltd. and certain of its executives and directors violated federal securities laws by making false and misleading statements and omitting material facts related to the company’s financial condition and business prospects.
Potential Impact on Shareholders
Shareholders who purchased or otherwise acquired Alarum Technologies Ltd. securities between January 1, 2023, and December 31, 2024, may be entitled to participate in a securities class action lawsuit. The investigation is ongoing, and more information will be provided as it becomes available.
Potential Impact on the World
- Decreased investor confidence: This investigation and potential securities class action lawsuit may decrease investor confidence in Alarum Technologies Ltd. and the cybersecurity industry as a whole.
- Regulatory scrutiny: This investigation may lead to increased regulatory scrutiny of other AI-driven cybersecurity companies, potentially leading to stricter regulations and higher compliance costs.
- Reputational damage: Alarum Technologies Ltd.’s reputation may be negatively impacted, potentially leading to lost business opportunities and customer trust.
- Financial consequences: The financial consequences of this investigation and potential securities class action lawsuit could be significant, potentially leading to a decrease in the company’s stock price and financial losses for shareholders.
Conclusion
The Gross Law Firm’s investigation into potential securities laws violations by Alarum Technologies Ltd. could have significant implications for the company and its shareholders. Shareholders who purchased or otherwise acquired Alarum Technologies Ltd. securities between January 1, 2023, and December 31, 2024, are encouraged to contact the firm for more information. Additionally, this investigation may have far-reaching consequences for the cybersecurity industry and the regulatory landscape.
As this is an ongoing investigation, more information will be provided as it becomes available. Stay tuned for updates.
