Levi & Korsinsky Alerts Alarum Technologies Ltd. Investors of Upcoming Class Action Lawsuit Deadline

Legal Notice for Alarum Technologies Ltd. Investors

On February 25, 2025, Levi & Korsinsky, LLP, a notable law firm specializing in securities litigation, announced important news for shareholders of Alarum Technologies Ltd. (NASDAQ: ALAR). The firm has initiated a class action lawsuit aimed at recovering losses for investors affected by alleged securities fraud within a specified time frame.

Background of the Class Action

The lawsuit targets investors who suffered financial losses between March 14, 2024, and August 26, 2024. The legal team contends that during this period, Alarum Technologies Ltd. made misleading statements or failed to disclose essential information that could have significantly influenced the company’s perceived financial health. According to the complaint, the firm allegedly overstated its ability to retain and expand its customer base, which in turn affected its revenue generation capability.

This situation has raised concerns among shareholders who feel misled by the statements issued by Alarum Technologies. The plaintiffs' claims suggest that the company’s optimistic projections were unsupported by actual performance, causing many investors to incur losses.

Key Details of the Litigation

Individuals who experienced losses during the aforementioned period and wish to participate in the lawsuit must take action before April 15, 2025. This date signifies the deadline to request appointment as the lead plaintiff, which is crucial in representing the interests of all affected stockholders in the case. Importantly, potential recovery does not strictly require an individual to take on the lead plaintiff responsibility.

For Alarum Technologies investors looking for assistance or wishing to explore their legal options, Levi & Korsinsky has provided channels for communication, including the opportunity to fill out a lawsuit submission form accessible through their website. Moreover, shareholders can directly contact attorney Joseph E. Levi via email or phone.

No Costs for Participants

One of the noteworthy aspects of this class action is that class members may not incur any direct costs or fees. The firm states that participating in the lawsuit entails no financial obligation, enhancing accessibility for shareholders desiring to seek redress for their losses.

Levi & Korsinsky's Track Record

The law firm has garnered a reputation in the legal landscape by securing hundreds of millions of dollars for investors and has a robust history in handling complex securities litigation. With over 20 years of experience, their team ensures meticulous representation for clients, making them one of the top firms in the United States according to ISS Securities Class Action Services.

Conclusion

For investors of Alarum Technologies Ltd., staying informed and proactive is essential. As the April 15 deadline approaches, those interested in joining the class action should consider contacting Levi & Korsinsky for further details and guidance on the process. Keeping a watchful eye on ongoing developments in this case will be crucial for impacted shareholders.

For more information, potential claimants are encouraged to visit Levi & Korsinsky’s website or contact them directly at the contact details provided.