Core Viewpoint - A class action lawsuit has been filed against Alarum Technologies Ltd. for alleged violations of federal securities laws during the Class Period from March 14, 2024, to August 26, 2024, due to misleading statements regarding the company's business performance and customer engagement [1][6]. Company Overview - Alarum Technologies Ltd. is a global Software as a Service (SaaS) provider that offers web data collection solutions and a private internet browsing platform to a concentrated customer base [4]. - The company operates under a consumption-based business model, generating revenues based on customer usage of its enterprise and consumer access platforms [5]. Financial Performance - Alarum claimed to be a market leader with success in retaining and expanding customer engagements; however, it faced difficulties in this area, leading to a 20% revenue decrease from the prior month by June 2024 [6]. - On August 26, 2024, Alarum announced Q3 2024 revenue guidance of $7 million, significantly below the $9.2 million projected by analysts, indicating a decline of over 20% sequentially and only 3% growth year-over-year [7][9]. Market Reaction - Following the disappointing revenue guidance, Alarum's American Depositary Receipt (ADR) price fell by $6.77, or 31.34%, closing at $14.83 on August 26, 2024 [10].

Core Viewpoint - Alarum Technologies Ltd. is facing allegations of issuing materially false and misleading statements regarding its customer engagement effectiveness and revenue growth potential during the class period from March 14, 2024, to August 26, 2024 [1] Group 1: Allegations and Impact - The complaint alleges that Alarum was less effective in retaining and expanding customer engagements than represented to investors [1] - This ineffectiveness is expected to impair Alarum's ability to generate consistent revenue growth [1] - Consequently, Alarum's business and financial prospects were overstated, leading to materially false and misleading public statements [1] Group 2: Class Action Details - Shareholders who purchased shares of ALAR during the specified class period are encouraged to register for the class action by April 15, 2025 [2] - Registration allows shareholders to be enrolled in a portfolio monitoring software for status updates throughout the case lifecycle [2] - There is no cost or obligation for shareholders to participate in this case [2] Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and fraud [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3]

Core Viewpoint - Alarum Technologies Ltd. is facing a class action securities lawsuit due to alleged securities fraud that occurred between March 14, 2024, and August 26, 2024 [1][2] Group 1: Lawsuit Details - The lawsuit claims that Alarum Technologies Ltd. made false statements regarding its effectiveness in retaining and expanding customer engagements [2] - It is alleged that these misrepresentations would negatively impact Alarum's ability to achieve consistent revenue growth [2] - The complaint asserts that the company's business and financial prospects were overstated, leading to materially false and misleading public statements [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until April 15, 2025, to request appointment as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff to be eligible for any potential recovery [3] - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive experience in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]

Core Viewpoint - Alarum Technologies Ltd. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its customer engagement effectiveness and revenue growth potential [3][4]. Group 1: Allegations and Class Period - The class period for the lawsuit is from March 14, 2024, to August 26, 2024 [3]. - Allegations include that the company was less effective in retaining and expanding customer engagements than represented, which would impair its ability to generate consistent revenue growth [3]. - The lawsuit claims that Alarum's business and financial prospects were overstated, leading to materially false and misleading public statements [3]. Group 2: Shareholder Actions - Shareholders who purchased shares during the class period are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment [1][4]. - The deadline for shareholders to register for the class action is April 15, 2025 [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software for status updates throughout the case lifecycle [4]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered from deceit, fraud, and illegal business practices [5]. - The firm is committed to ensuring companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].

NEW YORK, March 28, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Alarum Technologies Ltd. ("Alarum Technologies Ltd." or the "Company") (NASDAQ: ALAR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Alarum Technologies Ltd. investors who were adversely affected by alleged securities fraud between March 14, 2024 and August 26, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com ...

Core Viewpoint - Alarum Technologies Ltd. is facing a class action lawsuit due to allegations of misleading statements regarding its customer engagement effectiveness, which impacted its revenue growth and financial prospects [3]. Group 1: Class Action Details - The class action represents investors who purchased Alarum securities between March 14, 2024, and August 26, 2024 [1]. - Investors have until April 15, 2025, to file a lead plaintiff motion [1]. Group 2: Allegations Against Alarum - The lawsuit claims that Alarum made false and misleading statements about its ability to retain and expand customer engagements [3]. - This alleged weakness hindered the company's ability to achieve consistent revenue growth, leading to an overstatement of its business and financial prospects [3]. - The lawsuit asserts that when the true details emerged, investors suffered financial losses [3].

NEW YORK, March 27, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Alarum Technologies Ltd. (NASDAQ: ALAR).Shareholders who purchased shares of ALAR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/alarum-technologies-ltd-loss-submission-form/?id=138821&from=4CLASS PERIOD: Mar ...

SAN DIEGO, March 26, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons or entities who purchased or otherwise acquired Alarum Technologies Ltd. (NASDAQ: ALAR) securities between March 14, 2024 and August 26, 2024. Alarum is a global Software as a Service (“SaaS”) provider that offers web data collection solutions and a private internet browsing platform to a concentrated customer base. For more information, submit a form, email attorney Aaron D ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Alarum To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Alarum between March 14, 2024 and August 26, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, March 26, 2025 (GLOBE NEW ...

NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Alarum Technologies Ltd. (NASDAQ: ALAR). Shareholders who purchased shares of ALAR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/alarum-technologies-ltd-loss-submission-form/?id=138516&from=3  CLASS PE ...