Workflow
Alarum Technologies .(ALAR)
icon
Search documents
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]
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Alarum Technologies Ltd.(ALAR) Shareholders
Prnewswire· 2025-02-27 10:45
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 claims that Alarum was less effective in retaining and expanding customer engagements than it had represented to investors [1] - This ineffectiveness is said to impair Alarum's ability to generate consistent revenue growth [1] - Consequently, the company'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 potential lead plaintiff appointment [1][2] - The deadline for shareholders to seek lead plaintiff status is April 15, 2025 [2] - Participants will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [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]
Alarum Technologies Ltd. (ALAR) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-02-26 17:00
Core Viewpoint - Investors in Alarum Technologies Ltd. have the opportunity to lead a securities fraud class action lawsuit due to alleged misrepresentations regarding the company's customer engagement and revenue growth potential [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit alleges that from March 14, 2024, to August 26, 2024, Alarum Technologies failed to disclose critical information to investors, including: 1. The company was less effective in retaining and expanding customer engagements than previously stated 2. This ineffectiveness would impair Alarum's ability to generate consistent revenue growth 3. Consequently, Alarum's business and financial prospects were overstated 4. Defendants' positive statements about the company's operations and prospects were materially misleading and lacked a reasonable basis [2]. Participation Information - Investors who suffered losses related to Alarum Technologies are encouraged to participate in the ongoing lawsuit before the lead plaintiff deadline of April 15, 2025 [2]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information or to participate [3][4].
Levi & Korsinsky Reminds Alarum Technologies Ltd. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 15, 2025 - ALAR
Prnewswire· 2025-02-25 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 the company's 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]. Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until April 15, 2025, to request to be appointed 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: Law Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise 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].
Alarum Technologies Ltd. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before April 15, 2025 to Discuss Your Rights - ALAR
Prnewswire· 2025-02-24 10:45
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 claims that Alarum was less effective in retaining and expanding customer engagements than it had 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]
Levi & Korsinsky Notifies Alarum Technologies Ltd. Investors of a Class Action Lawsuit and Upcoming Deadline – ALAR
GlobeNewswire News Room· 2025-02-21 18:53
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 has extensive expertise 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].
Alarum Technologies Ltd. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before April 15, 2025 to Discuss Your Rights - ALAR
Prnewswire· 2025-02-21 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] Group 1: Lawsuit Details - The lawsuit claims that Alarum Technologies Ltd. made false statements regarding its effectiveness in retaining and expanding customer engagements [1] - It is alleged that these misrepresentations impaired Alarum's ability to generate consistent revenue growth [1] - The complaint asserts that the company's business and financial prospects were overstated, leading to materially false and misleading public statements [1] Group 2: Investor Information - Investors who suffered losses during the relevant time frame have until April 15, 2025, to request appointment as lead plaintiff [1] - Participation in the lawsuit does not require serving as a lead plaintiff to share in any potential recovery [1][2] Group 3: Legal 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 [3]
ALARUM ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Alarum Technologies Ltd.
GlobeNewswire News Room· 2025-02-21 02:00
Core Viewpoint - A class action lawsuit has been filed against Alarum Technologies Ltd. for allegedly making false and misleading statements regarding its customer engagement effectiveness and revenue growth potential during the specified class period [1][3]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the District of New Jersey on behalf of all individuals and entities who purchased Alarum securities between March 14, 2024, and August 26, 2024 [1]. - Investors have until April 15, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit [1]. Group 2: Allegations Against Alarum - The lawsuit claims that Alarum was less effective in retaining and expanding customer engagements than it had represented to investors [3]. - It is alleged that this ineffectiveness would impair Alarum's ability to generate consistent revenue growth [3]. - The lawsuit asserts that Alarum's business and financial prospects were overstated, leading to materially false and misleading public statements [3].
Faruqi & Faruqi Reminds Alarum Technologies Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 15, 2025 - ALAR
Prnewswire· 2025-02-20 14:29
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Alarum Technologies Ltd due to allegations of misleading statements and a significant decline in expected revenue, prompting a federal securities class action [2][4]. Group 1: Company Performance and Financials - Alarum Technologies announced Q3 2024 revenue guidance of $7 million, which is below the analyst projection of $9.2 million [5]. - The company's Q3 2024 revenue figure represents over a 20% sequential decline and only 3% year-over-year growth [7]. - Following the disappointing guidance, Alarum's ADR price fell by $6.77, or 31.34%, closing at $14.83 on August 26, 2024 [8]. Group 2: Legal and Regulatory Issues - The complaint against Alarum alleges violations of federal securities laws, including making false statements about customer engagement and overstating business prospects [4]. - Investors who suffered losses exceeding $75,000 between March 14, 2024, and August 26, 2024, are encouraged to discuss their legal options [1]. - There is an April 15, 2025, deadline for investors to seek the role of lead plaintiff in the class action lawsuit [2].