#USA #New York #Securities Fraud #Rosen Law Firm #Alarum Technologies

Alarum Technologies Investors: Join the Class Action

Overview of the Class Action
The Rosen Law Firm, an established player in investor rights, has issued a reminder for individuals who purchased Alarum Technologies Ltd. (NASDAQ: ALAR) securities between March 14, 2024, and August 26, 2024. These investors are encouraged to take action due to the impending deadline for leading a class action lawsuit, set for April 15, 2025.

This announcement serves to inform potential plaintiffs about the opportunity to seek compensation without initial out-of-pocket expenses, thanks to a contingency fee structure.

Details and Background of the Case
The allegations within the lawsuit highlight significant concerns about the accuracy of statements made by Alarum Technologies regarding its business performance. The claim suggests that during the designated class period, the company misrepresented its ability to retain and expand customer relationships, consequently overstating its revenue growth potential and overall financial health. As this misinformation became public, it resulted in considerable losses for the investors affected by these deceptive practices.

Potential participants in the class action can access the submission link at Rosen Law Firm's website or contact attorney Phillip Kim directly via phone at 866-767-3653 or email at pkim@rosenlegal.com.

The necessity for action hinges on having a designated lead plaintiff who can represent the interests of all claim members in court, making it crucial for interested parties to recognize the deadline and their options.

Importance of Qualified Representation
Rosen Law Firm emphasizes the value of selecting experienced legal representation in securities class actions. The firm has a proven track record, having successfully recovered over $438 million for investors in 2019 alone. Their efforts have established them as a notable figure in securities litigation, often rated highly for both settlements and client recovery outcomes.

Call to Action for Investors
Investors are advised that no class has yet been certified, and until such certification occurs, individuals are not represented unless they opt to retain an attorney. For those considering this step, the direction is clear: either take charge as the lead plaintiff or remain an absent class member with the potential to share in any recovery.

Updates and Further Engagement
For continuous updates regarding this case and the broader implications of the alleged fraud by Alarum Technologies, stakeholders are encouraged to follow the Rosen Law Firm on platforms like LinkedIn, Twitter, and Facebook.

Participating in this class action may provide a pathway to recovery for investors impacted by misleading disclosures and financial mismanagement within Alarum Technologies.

Conclusion

As the deadline approaches, it is imperative for investors involved with Alarum Technologies to consider their options. Taking action not only is a chance for potential compensation but also serves to hold accountable those responsible for the misinformation that led to their financial losses.