Important Notice to Shareholders of Alarum Technologies Ltd.:
New York, April 3, 2025 – The Gross Law Firm, a leading securities law firm, issues the following notice to shareholders of Alarum Technologies Ltd. (NASDAQ: ALAR):
If you purchased or acquired the shares of Alarum Technologies Ltd. (the “Company”) between February 1, 2023, and March 31, 2025, you may have been affected by possible securities laws violations. The Gross Law Firm is investigating potential claims against the Company and its officers and directors.
Background:
Alarum Technologies Ltd. is a technology company that provides artificial intelligence solutions for various industries. The Company’s stock is traded on the NASDAQ under the ticker symbol “ALAR.”
Allegations:
The investigation concerns possible securities laws violations related to the Company’s financial reporting and disclosures during the class period. Specifically, it is alleged that the Company and its executives failed to disclose material information regarding the Company’s financial condition and business prospects.
Class Action:
If you wish to serve as a lead plaintiff in the class action, you must move the Court no later than May 1, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Next Steps:
If you purchased or acquired Alarum Technologies Ltd. shares during the class period, you may be entitled to recover your losses. To be eligible for recovery, you must have purchased or acquired the shares, hold the shares, or otherwise have an economic interest in the shares during the class period. You need not take any action at this time to be a member of the class.
Contact:
If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact the Gross Law Firm, 20 Madison Avenue, Suite 1350, New York, NY 10010, at (212) 710-0909, or by email at info@grosslawfirm.com.
Effect on Individual Investors:
If you are an individual investor who purchased Alarum Technologies Ltd. shares during the class period, this investigation may have significant implications for you. Potential damages include:
- Losses from the sale of your Alarum Technologies Ltd. shares
- Losses from the decline in value of your Alarum Technologies Ltd. shares
- Losses from unrealized gains that you missed out on due to the decline in value of the shares
If the investigation results in a successful recovery, you may be entitled to receive a portion of the damages.
Effect on the World:
The potential fallout from this investigation extends beyond individual investors. The implications for the technology industry and the broader market could be significant:
- Increased scrutiny on technology companies and their financial reporting practices
- Decreased investor confidence in the technology sector
- Possible regulatory action against Alarum Technologies Ltd. and its executives
The outcome of this investigation could serve as a reminder to companies to prioritize transparency and honesty in their financial reporting and disclosures.
Conclusion:
The Gross Law Firm’s investigation into Alarum Technologies Ltd. serves as a reminder to all investors to remain vigilant and demand transparency from the companies they invest in. The potential consequences of this investigation extend beyond the individual investors who purchased Alarum Technologies Ltd. shares during the class period. The technology industry and the broader market could be significantly impacted as well. If you purchased Alarum Technologies Ltd. shares during the class period, we encourage you to contact the Gross Law Firm to discuss your potential recovery options.
