#United States #Los Angeles #Securities Fraud #Glancy Prongay #Alarum Technologies

Alarum Technologies Ltd. Legal Opportunity for Investors

Investors in Alarum Technologies Ltd. (NASDAQ: ALAR) who have incurred losses are presented with a consequential opportunity to take the lead in a class action lawsuit concerning alleged securities fraud. Law firm Glancy Prongay & Murray LLP has taken the initiative in this matter, calling upon affected investors to step forward by April 15, 2025, to explore their potential role in this legal action.

Details of the Class Action

The class action lawsuit targets alleged misrepresentations made by Alarum Technologies between March 14, 2024, and August 26, 2024. Reports suggest that during this period, the company failed to adequately inform investors about significant operational inefficiencies. Key allegations point to the notion that the company was struggling more than indicated in terms of retaining and expanding client relationships. This lack of transparency reportedly compromised Alarum's capacity to achieve sustainable revenue growth, leading to inflated and misleading statements concerning the company's performance and prospects.

According to the complaint filed, several critical failures were noted:
1. Inadequate Disclosure of Customer Engagement Issues: Investors were reportedly left in the dark regarding Alarum’s challenges in maintaining and growing customer contracts.
2. Impact on Revenue Growth: The company's struggles had direct implications on its ability to generate consistent and predictable revenue, raising concerns about financial stability.
3. Overstated Business Prospects: Positive statements made regarding the business and financial outlook were claimed to be materially misleading, lacking a reasonable foundation.
4. Misleading Operations Information: Ongoing miscommunication regarding the company's operational success and its true market position led to a detrimental impact on investor decisions.

Next Steps for Investors

For those who believe they have suffered as a result of these alleged misrepresentations, Glancy Prongay & Murray LLP encourages investors to connect with them for more detailed information. Interested parties are advised to reach out through the dedicated channels provided—specifically through Charles Linehan, Esq. of the law firm. Notably, participation does not necessitate immediate action; you may choose to stay informed without engaging actively in the lawsuit at this juncture.

How to Participate

To engage further in this action, investors are invited to contact the law firm:

• - Contact: Charles Linehan, Esq.
• - Law Firm: Glancy Prongay & Murray LLP
• - Location: 1925 Century Park East, Suite 2100, Los Angeles, California 90067
• - Email: email
• - Phone: 310-201-9150 or Toll-Free: 888-773-9224

Those inquiring by email should include relevant details such as their mailing address, telephone number, and the number of shares they purchased, which will assist the firm in compiling the necessary information regarding the case.

The law firm's press release clarifies that this notification may qualify as Attorney Advertising in various jurisdictions, dependent on local and ethical regulations.

Stay Updated

For ongoing updates related to the case and other pertinent information, Glancy Prongay & Murray LLP facilitates connections through social media platforms including LinkedIn, Twitter, and Facebook. Investors are encouraged to stay engaged for the latest developments surrounding this significant legal matter concerning Alarum Technologies.

This opportunity represents a critical moment for investors to seek justice and potentially recover losses, underscoring the importance of transparency and accountability in the financial markets.