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Console & Associates, P.C. Investigating Claims Against Alarum Technologies Ltd. (NASDAQ: ALAR)
Prnewswire· 2025-03-14 19:51
Core Viewpoint - Alarum Technologies Ltd. is under investigation for potential securities law violations due to misleading statements that led to significant investor losses during the specified class period [1][2]. Group 1: Company Performance - Alarum Technologies announced expected third-quarter 2024 revenue of only $7 million, which was significantly below analyst projections of $9.2 million [2]. - The company's CEO attributed the revenue shortfall to reduced consumer spending that began in June 2024 [2]. - Following the revenue announcement, Alarum Technologies' stock price fell by more than 31% [2]. Group 2: Investor Rights and Legal Actions - Console & Associates, P.C. is investigating claims on behalf of investors who purchased Alarum Technologies stock between March 14, 2024, and August 26, 2024 [1][4]. - Investors who suffered substantial losses are encouraged to contact Console & Associates to discuss their legal rights [1][3]. - The firm operates on a contingent fee basis, meaning investors pay nothing unless compensation is recovered [4]. Group 3: Company Challenges - Alarum Technologies faced difficulties in retaining and expanding customer engagements [6]. - These challenges are expected to impair the company's ability to generate consistent revenue growth [6]. - Consequently, the business prospects of Alarum were overstated [6].
Class Action Filed Against Alarum Technologies Ltd. (ALAR) Seeking Recovery for Investors – Contact Levi & Korsinsky
Globenewswire· 2025-03-13 17:04
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, impacting investors adversely [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Alarum Technologies Ltd. made false statements regarding its effectiveness in retaining and expanding customer engagements, which misled investors [2]. - It is alleged that these misrepresentations impaired Alarum's ability to generate consistent revenue growth, leading to overstated business and financial prospects [2]. - As a result, the company's public statements were materially false and misleading during the relevant time frame [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified period have until April 15, 2025, to request to be appointed as lead plaintiff in the lawsuit [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securing compensation for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Investors in Alarum Technologies Ltd. Should Contact The Gross Law Firm Before April 15, 2025 to Discuss Your Rights - ALAR
Prnewswire· 2025-03-13 09:45
NEW YORK, March 13, 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=135489&from=4 CLASS PERIOD: Ma ...
Class Action Filed Against Alarum Technologies Ltd. (ALAR) - April 15, 2025 Deadline to Join - Contact Levi & Korsinsky
Prnewswire· 2025-03-12 09:45
NEW YORK, March 12, 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 ...
Investors in Alarum Technologies Ltd. Should Contact Levi & Korsinsky Before April 15, 2025 to Discuss Your Rights - ALAR
Prnewswire· 2025-03-07 10:46
NEW YORK, March 7, 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/ ...
Alarum Technologies Ltd. Class Action: The Gross Law Firm Reminds Alarum Technologies Ltd.
Prnewswire· 2025-03-06 10:45
NEW YORK, March 6, 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=134057&from=4 CLASS PERIOD: Mar ...
Alarum to Release Fourth Quarter and Full Year 2024 Results on March 20, 2025
GlobeNewswire News Room· 2025-03-04 13:30
Conference call scheduled for Thursday, March 20, 2025, at 8:30 a.m. ET Tel Aviv, Israel, March 04, 2025 (GLOBE NEWSWIRE) -- Alarum Technologies Ltd. (Nasdaq, TASE: ALAR), a global provider of web data collection solutions, will release its financial results for the fourth quarter and full year ended December 31, 2024, before the Nasdaq market opens on Thursday, March 20, 2025. Mr. Shachar Daniel, Chief Executive Officer, and Mr. Shai Avnit, Chief Financial Officer, will host a conference call on March 20, ...
Levi & Korsinsky Notifies Shareholders of Alarum Technologies Ltd.(ALAR) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-03-04 10:45
Core Viewpoint - A class action securities lawsuit has been filed against Alarum Technologies Ltd. for alleged securities fraud affecting investors 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, which misrepresented the company's ability to generate consistent revenue growth [2]. - It is alleged that the company's business and financial prospects were overstated, leading to materially false and misleading public statements [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until April 15, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a strong track record in securing compensation for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Contact Levi & Korsinsky by April 15, 2025 Deadline to Join Class Action Against Alarum Technologies Ltd.(ALAR)
Prnewswire· 2025-02-28 10:45
Core Viewpoint - A class action securities lawsuit has been filed against Alarum Technologies Ltd. for alleged securities fraud affecting investors between March 14, 2024, and August 26, 2024 [1][2]. Group 1: Allegations - 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 impair Alarum's ability to generate 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: Legal Process - 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, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
Shareholder Rights Law Firm Robbins LLP Reminds ALAR Investors with Large Losses to Contact the Firm for Information About the Securities Class Action Against Alarum Technologies, Inc.
GlobeNewswire News Room· 2025-02-27 23:11
Core Viewpoint - A class action has been filed against Alarum Technologies Ltd. for allegedly misleading investors about its business prospects during the specified class period from March 14, 2024, to August 26, 2024 [1][2] Summary by Sections Allegations - Robbins LLP is investigating claims that Alarum Technologies misled investors by failing to disclose its inefficacy in retaining and expanding customer engagements, which impaired its ability to generate consistent revenue growth [2] - The complaint asserts that Alarum's business and financial prospects were overstated, leading to materially false and misleading public statements [2] Financial Performance - On August 26, 2024, Alarum reported Q2 2024 results and provided Q3 2024 guidance, expecting revenue of $7 million, significantly below the $9.2 million forecasted by analysts [3] - The CEO attributed the disappointing guidance to reduced customer spending that began in June 2024, resulting in a 31.34% drop in the ADR price, closing at $14.83 on the announcement date [3] Class Action Participation - Shareholders interested in serving as lead plaintiffs must file their papers by April 14, 2024, but participation is not required to be eligible for recovery [4] - The representation in the class action is on a contingency fee basis, meaning shareholders incur no fees or expenses [5]