Important Information for Investors of Alarum Technologies Ltd.
New York, NY – March 25, 2025
Rosen Law Firm, a leading global investor rights law firm, reminds purchasers of the securities of Alarum Technologies Ltd. (NASDAQ: ALAR) between March 14, 2024, and August 26, 2024, both dates inclusive (the “Class Period”), of the significant lead plaintiff deadline in the securities class action. If you purchased Alarum securities during the Class Period, you may be entitled to compensation.
Background
Alarum Technologies Ltd. is a technology company that provides solutions for the early detection and prevention of cyber threats. The company’s stock was listed on the NASDAQ stock exchange under the ticker symbol ALAR.
Securities Class Action
The securities class action was filed against Alarum and certain of its officers and directors for alleged violations of the Securities Exchange Act of 1934. The complaint alleges that the defendants made false and misleading statements regarding Alarum’s business, financial condition, and prospects.
Lead Plaintiff Deadline
The lead plaintiff is the proposed representative of the class in the securities class action. The lead plaintiff plays a significant role in the litigation and is responsible for making important decisions on behalf of the class. If you wish to act as lead plaintiff, you must file a motion with the court no later than April 15, 2025.
Effect on Individual Investors
If you purchased Alarum securities during the Class Period and suffered losses as a result, you may be entitled to compensation. The securities class action allows you to recover your losses through the litigation process. If the defendants are found liable, the compensation may include damages and potential recovery of attorney’s fees and costs.
Effect on the World
The securities class action against Alarum is an important step in the ongoing efforts to protect investors and maintain the integrity of the securities markets. Such actions serve as a reminder to companies and their executives to provide accurate and truthful information to investors. The outcome of the case may also have implications for the cybersecurity industry and investor confidence in technology companies.
Conclusion
If you purchased Alarum Technologies Ltd. securities between March 14, 2024, and August 26, 2024, and suffered losses as a result, you may be entitled to compensation. The significant lead plaintiff deadline is April 15, 2025. For more information about the securities class action, please contact Rosen Law Firm.
- Rosen Law Firm: A leading global investor rights law firm
- Alarum Technologies Ltd.: A technology company providing cyber threat solutions
- Securities Class Action: Filed against Alarum and certain officers and directors for alleged violations of the Securities Exchange Act of 1934
- Lead Plaintiff Deadline: April 15, 2025
- Compensation: Potential damages, attorney’s fees, and costs
- Implications: Protecting investors and maintaining securities markets’ integrity
