#USA #New York #Class Action #Securities Fraud #Alarum Technologies

Levi & Korsinsky Informs Alarum Technologies Shareholders About Class Action Lawsuit

Levi & Korsinsky Alerts Alarum Technologies Shareholders

Recently, Levi & Korsinsky LLP issued an important notification to investors in Alarum Technologies Ltd. (NASDAQ: ALAR) regarding potential losses stemming from alleged securities fraud. The firm has raised awareness about a class action lawsuit aiming to protect those affected between March 14, 2024, and August 26, 2024.

Understanding the Lawsuit

This class action attempt focuses on investors who may have experienced financial setbacks due to false representations made by the company. The formal complaint accuses the defendants of misleading investors about the company's effectiveness in retaining and expanding customer engagement. Specifically, it claims that the company overstated its financial health and growth trajectory, leading to significant misleading public statements throughout the relevant time period.

What Investors Need to Know

Potential plaintiffs in the class action should act swiftly, as there is an impending deadline. Those who believe they have suffered losses at the hands of Alarum Technologies must submit their request to be appointed as the lead plaintiff by April 15, 2025. However, it’s crucial to note that participation in any potential financial recovery does not necessitate this role.

Levi & Korsinsky assures that there is no financial cost for individuals eligible to join the class. If selected as a member of the lawsuit, themight receive compensation without upfront fees or costs.

Why Choose Levi & Korsinsky

For over two decades, Levi & Korsinsky LLP has established itself as a leader in securities litigation, securing hundreds of millions of dollars for aggrieved shareholders. The firm is renowned for its strong track record in high-stakes cases, ranking consistently among the top securities litigation firms in the U.S. With a dedicated team of over 70 professionals, they focus on representing investors in complex securities matters.

Remaining Informed

Investors of Alarum Technologies are urged to stay engaged with this development. For those affected, getting in touch with the attorneys at Levi & Korsinsky can provide clarity and guidance concerning their rights and options moving forward. Individuals can reach out via email or phone for more information concerning the lawsuit:

- Email: [email protected]
- Phone: (212) 363-7500

Conclusion

The class action lawsuit presented by Levi & Korsinsky marks a crucial phase for shareholders of Alarum Technologies Ltd. Specifics concerning investment losses due to alleged distortions could pave the way for financial recovery. The legal landscape for investors is constantly evolving, and proactive steps now can make a significant difference in the pursuits of justice and compensation.