#United States #New York #Levi & Korsinsky #Securities Fraud #Alarum Technologies

Class Action Notice for Alarum Technologies Shareholders

Alarum Technologies Ltd. (NASDAQ: ALAR) has come under scrutiny as a class action lawsuit has been initiated on behalf of its shareholders. The firm Levi & Korsinsky, LLP is alerting investors who have experienced financial losses linked to the company's alleged securities fraud from March 14, 2024, to August 26, 2024.

Background of the Case

The complaint asserts that the defendants made deceptive statements about Alarum Technologies’ operational effectiveness and its ability to sustain customer engagement. The lawsuit claims that these misrepresentations negatively impacted the company's capacity to achieve consistent revenue growth. Consequently, the public statements regarding Alarum's business prospects were found to be misleading. This created an unjustified optimism about the firm's financial health, ultimately leading to significant financial consequences for its investors.

Understanding Your Rights

If you were a shareholder of Alarum Technologies during the specified time frame and incurred losses, you might be eligible to become a lead plaintiff. To do so, it is essential to submit your request by April 15, 2025. Interestingly, participating in the class action does not require you to be the lead plaintiff for you to benefit from any potential recovery.

No Financial Risk Involved

One of the most appealing aspects of this class action is that if you qualify as a class member, you could receive compensation without incurring out-of-pocket expenses. The law firm operates on a contingency fee basis, ensuring no fees are charged unless there’s a successful recovery.

Why Choose Levi & Korsinsky?

Levi & Korsinsky has a two-decade history of representing investors and holding corporations accountable for misconduct. The firm specializes in complex securities litigation and has recovered hundreds of millions of dollars for shareholders. Having been recognized as one of the top litigation firms in the United States for seven consecutive years by ISS Securities Class Action Services, the firm showcases exceptional dedication and expertise in the field.

Contact Information

For those interested in joining the class action or seeking more information, you can reach out to Joseph E. Levi, Esq. or Ed Korsinsky, Esq. from Levi & Korsinsky, LLP by mail, email, or phone:

• - Address: 33 Whitehall Street, 17th Floor, New York, NY 10004
• - Email: email protected]
• - Phone: (212) 363-7500
• - Website: [www.zlk.com

Your potential participation in this lawsuit could serve as a crucial step in seeking redress for the damages suffered. If you believe you are eligible, do not delay in reaching out to gather more information and secure your rights as a shareholder.