Important Investor Alert: Levi & Korsinsky, LLP Announces an Investigation into Alarum Technologies Ltd.
New York, NY – March 28, 2025
Levi & Korsinsky, LLP announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of shareholders of Alarum Technologies Ltd. (“Alarum Technologies” or “the Company”) (NYSE: ALRM). The lawsuit alleges that Alarum Technologies and certain of its top executives violated the Securities Exchange Act of 1934.
Background
Alarum Technologies is a leading provider of advanced security solutions for the Internet of Things (“IoT”) and other connected devices. The Company’s proprietary technology is designed to detect and prevent cyber-attacks and data breaches in real-time. Alarum Technologies’ solutions are used by businesses and governments worldwide, and the Company has reported strong revenue growth in recent quarters.
The Investigation
The investigation concerns allegations that Alarum Technologies and certain of its executives issued materially false and misleading statements to the investing public regarding the Company’s financial condition and business prospects. Specifically, the complaint alleges that defendants failed to disclose that the Company was experiencing significant customer churn and declining sales, and that its financial statements contained material misstatements and omissions.
Impact on Individual Investors
If you purchased or otherwise acquired Alarum Technologies securities between January 1, 2023, and March 25, 2025, and suffered a loss as a result of your investment, you may be entitled to compensation. To get more information go to: https://www.zlk.com/pslra-1/alarum-technologies-ltd?wire=3 or contact Levi & Korsinsky, LLP at 212-363-7500.
Impact on the World
The investigation into Alarum Technologies could have significant implications for the IoT security industry as a whole. The Company’s advanced security solutions are used by businesses and governments around the world, and any revelation of material misstatements or omissions could undermine confidence in the industry as a whole. Moreover, if Alarum Technologies is found to have engaged in fraudulent activity, it could lead to increased regulatory scrutiny and potential new regulations for IoT security companies.
Conclusion
Levi & Korsinsky, LLP encourages investors in Alarum Technologies to contact the firm if they suffered a loss as a result of their investment. The investigation into the Company’s financial statements and business practices could have significant implications for the IoT security industry and investors in Alarum Technologies. For more information, please visit: https://www.zlk.com/pslra-1/alarum-technologies-ltd?wire=3 or contact Levi & Korsinsky, LLP at 212-363-7500.
- Levi & Korsinsky, LLP announces an investigation into Alarum Technologies Ltd.
- Allegations of materially false and misleading statements regarding financial condition and business prospects.
- Impact on individual investors: potential for compensation if loss suffered between January 1, 2023, and March 25, 2025.
- Impact on the world: potential implications for IoT security industry and increased regulatory scrutiny.
