News Image

Rosen Law Firm Urges Alarum Technologies Ltd. (NASDAQ: ALAR) Investors with Large Losses to Contact the Firm for Information About Their Rights

Provided By Business Wire

Last update: Feb 17, 2025

Rosen Law Firm, a global investor rights law firm, announces that an investor filed a class action on behalf of persons or entities who purchased or otherwise acquired Alarum Technologies Ltd. (NASDAQ: ALAR) securities between March 14, 2024 and August 26, 2024, both dates inclusive (the “Class Period”). Alarum is a Software as a Service (“SaaS”) provider.

For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653.

The Allegations: Rosen Law Firm is Investigating the Allegations that Alarum Technologies Ltd. (NASDAQ: ALAR) Misled Investors Regarding its Business Operations.

According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) Alarum was less effective in retaining and/or expanding customer engagements than it had represented to investors; (2) the foregoing would impair Alarum’s ability to generate consistent revenue growth; (3) accordingly, Alarum’s business and/or financial prospects were overstated; and (4) as a result, Alarum’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

What Now: You may be eligible to participate in the class action against Alarum Technologies Ltd. Investors who want to serve as lead plaintiff for the class must file their motions with the court by April 15, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Rosen Law Firm: Some law firms issuing releases about this matter do not actually litigate securities class actions. Rosen Law Firm does. Rosen Law Firm is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses, improving corporate governance structures, and holding company executives accountable for their wrongdoing. Since its inception, Rosen Law Firm has obtained over $1 billion for shareholders.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250217193117/en/

ALARUM TECHNOLOGIES LTD-ADR

NASDAQ:ALAR (2/21/2025, 8:00:47 PM)

After market: 7.85 -0.05 (-0.63%)

7.9

-0.37 (-4.47%)



Find more stocks in the Stock Screener

Follow ChartMill for more