#USA #New York #Levi & Korsinsky #Securities Fraud #Alarum Technologies

Class Action Lawsuit against Alarum Technologies Ltd.

In March 2025, Levi & Korsinsky, LLP announced a class action lawsuit concerning Alarum Technologies Ltd. (NASDAQ: ALAR). The suit aims to represent investors who faced financial losses due to alleged securities fraud that occurred between March 14, 2024, and August 26, 2024. Investors may be eligible for recovery following this detrimental period, which has raised significant concerns regarding the company's conduct and business practices.

Background of the Case

The complaint filed by Levi & Korsinsky alleges that Alarum Technologies misled investors about its operational effectiveness and customer retention capabilities. Specifically, the defendants allegedly made false claims regarding the company’s ability to maintain and grow customer engagements. This misleading information reportedly hampered the firm’s chances of achieving consistent revenue growth, thus inflating its business prospects beyond reality. Ultimately, these misstatements were said to have materially distorted the truth about the company's operational standing.

This class action lawsuit reflects broader concerns raised by investors who feel betrayed by the company's public disclosures that did not align with its actual performance. As transparency in corporate governance remains a crucial expectation for investors, the revelations about potential misconduct have triggered this legal response.

Understanding the Impact

Investors who suffered losses during the specified timeframe are strongly encouraged to evaluate their position and consider participating in the class action. The lead plaintiff in a class action is typically appointed to represent the entire group, and any Alarum investors who meet the criteria have until April 15, 2025, to request appointment in this role. However, participation in the recovery aspect of the class does not necessitate serving as a lead plaintiff, creating an accessible process for claim recovery for all affected individuals.

By participating in the class action, investors have the opportunity to pursue compensation without incurring out-of-pocket costs or fees. Levi & Korsinsky has committed to ensuring that clients are not burdened financially as they seek justice and recovery.

Why Choose Levi & Korsinsky?

With a track record exceeding two decades, Levi & Korsinsky has played a pivotal role in securing compensation for unhappy shareholders, amounting to hundreds of millions of dollars recovered over the years. The firm prides itself on its dedication to complex securities litigation, leveraging a robust team with extensive expertise. Notably, Levi & Korsinsky has established itself as one of the top securities litigation firms in the United States, as recognized by ISS Securities Class Action Services.

If you have been affected by the allegations against Alarum Technologies, reaching out to Levi & Korsinsky may be your next step toward securing the compensation to which you may be entitled. Interested investors can directly contact Joseph E. Levi or Ed Korsinsky at their New York office or via email to learn more about the lawsuit and their eligibility.

Conclusion

Recent events involving Alarum Technologies Ltd. underscore the necessity for transparency in corporate communications and underscore investors' rights to seek recourse when misled. If you have felt the impact of these events, do not hesitate to join the collective effort spearheaded by Levi & Korsinsky. For fairness and justice, investors can reclaim their losses and take a stand against securities fraud, advocating for their financial rights through this class action lawsuit.