Class Action Lawsuit Against Alarum Technologies: Deadline Approaches for Investors

Investors Alert: Class Action Filed Against Alarum Technologies Ltd.

On March 12, 2025, Levi & Korsinsky, LLP announced a significant development for shareholders of Alarum Technologies Ltd. (NASDAQ: ALAR). A class action lawsuit has been initiated focusing on allegations of securities fraud that impacted investors between March 14, 2024, and August 26, 2024. If you are an investor who suffered losses during this period, you should be aware of your rights and the pending deadline to join the class action.

Understanding the Allegations

The core of the lawsuit revolves around claims that Alarum Technologies Ltd. misrepresented key aspects of its business operations. According to the filed complaint, the defendants allegedly provided false statements or withheld critical information that could have influenced investor decisions. Specifically, the complaint indicates that:

1. Alarum was not as efficient in retaining or expanding its customer base as it had led investors to believe.
2. This inefficiency was likely to disrupt Alarum's capacity to realize consistent revenue growth.
3. Consequently, the company’s assertions regarding its business and financial outlooks were overly optimistic.
4. As a result, the public statements issued by the company throughout the relevant period were deemed materially misleading.

Key Deadlines for Investors

For investors interested in participating in this case, it is essential to act quickly. The deadline to request lead plaintiff status is set for April 15, 2025. By becoming a lead plaintiff, you may have a more active role in the proceedings, but it is not a prerequisite for receiving compensation from any settlement or judgment that may be secured for the class members.

No Financial Obligation

Levi & Korsinsky has emphasized that participation in the class action entails no out-of-pocket costs or fees for class members. Investors can potentially receive compensatory damages without incurring any associated financial burdens. This means that if you qualify to be a part of the class action, you can seek justice without the risk of losing money upfront.

Why Choose Levi & Korsinsky?

Levi & Korsinsky has built a robust reputation over the last two decades, successfully recovering hundreds of millions of dollars for shareholders. Their track record of navigating complex securities litigation makes them a trusted firm among investors affected by corporate misconduct. Currently ranked among the top securities litigation firms in the U.S., they possess the knowledge and resources necessary to advocate for your rights effectively.

Next Steps for Affected Investors

If you believe you fall within the affected timeframe and have experienced a loss in your investment with Alarum Technologies Ltd., you should not hesitate to reach out. Levi & Korsinsky offers multiple avenues for investors to connect, whether through their website or by directly contacting Joseph E. Levi, Esq., at the following email: [email protected] or by phone at (212) 363-7500.

For more details and to initiate the process to join the class action, you can visit the Levi & Korsinsky lawsuit submission form.

It's crucial for investors to take swift action to ensure their voices are heard and their rights are protected as the deadline fast approaches. Every investor deserves the chance to stand up against misrepresentation and seek the recourse they are entitled to. Don’t wait until it's too late, as the April 15, 2025 deadline is just around the corner.